When Etihad Airways’ new CEO Tony Douglas walked onstage at the Emirates’ Global Aerospace Summit, his audience was all ears. Douglas has now been in his job at the smallest of the big three Gulf carriers for around five months and has so far kept quiet about the direction in which he wants to take the airline. But what he offered as guidance left much open. He was prepared to say only that it “remains to be seen” whether “the pace of growth will be quite as ...

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