Tuesday, 02 January 2024 12:17 GMT

UAE- The world is not changing it has already changed: Hogan


(MENAFN- Khaleej Times)
Abu Dhabi: President and chief executive of Etihad Airways James Hogan has urged the need of embracing innovation because consumers expect to deal with switched-on organisations in a new digital society.

"The world isn't changing - it's already changed" he told delegates at the Aerospace Summit opened in the capital.

Partnership and innovation are critical in a new globalised economy and success in an increasingly digital future depends on an ability to implement effective technologies and rethink strategy culture and talent he said." "Partnership and innovation have been a driving force behind the success of Etihad Airways and the UAE."

Hogan delivering a keynote address to the Global Aerospace Summit held as part of the Abu Dhabi Aviation and Aerospace Week Hogan outlined the advantages of the strategic partnerships Etihad Airways has forged through minority equity stakes in Alitalia Air Serbia Air Seychelles airberlin Etihad Regional operated by Darwin Airline Jet Airways and Virgin Australia.

"To become a competitive global network carrier today is incredibly challenging" he said. "Partnerships allow us to compete effectively and give us scale and differentiation as well as reducing cost and delivering major benefits including operational cooperation more consumer choice and competition and job creation."

Speaking to the Summit's major theme of partnership Hogan praised the UAE's pioneering approach particularly in the area of aerospace partnerships.

"In the UAE we are seeing a rapidly expanding broad portfolio based on partnership in aerostructures manufacturing engine and component financing and maintenance repair and overhaul" he said.

"The UAE is actively leveraging partnerships with the world's biggest aviation players including Rolls-Royce GE Boeing and Airbus as it becomes a leading global player and centre of excellence."

Hogan described how partnerships are more important than ever in an increasingly globalised economy as well as the need for businesses to continually innovate to stay relevant - another central theme of the Summit that drew leading aerospace figures to the UAE capital for two days of debate and presentations.

"The UAE aims to become one of the most innovative nations in the world within seven years and enter the Global Innovation Index top 20 by 2021. Already we are seeing the creation of a national culture that encourages innovation and entrepreneurship through partnership with the private sector encouraged to establish

innovation and scientific research centres and adopt new technologies."

"This is a philosophy we also hold dear at Etihad Airways. We know that a sustained innovation process is fundamental in a competitive environment such as aviation. It is absolutely central to providing remarkable products and services to our guests now and into the future." Hogan cited examples of Etihad Airways' work in developing innovative products and services highlighting The Residence - the world's only three-room cabin in commercial aviation with a dedicated Savoy-trained butler - on board the airline's Airbus A380 fleet.

-


Khaleej Times

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



Search