May
11
2018
Etihad was an airline that started when Gulf Air eliminated its Abu Dhabi hub and the ruling Al Nahyan family sought to preserve and grow the capital of the UAE as a center of aviation.
But cash and ambition was never going to be enough to turn around carriers like Alitalia and air berlin. They were basket cases. And the ruling Al Nahyans finally decided to stop lighting money on fire as the price of energy fell. They axed the CEO of their airline who, ironically, they had poached in the first place from Gulf Air.
