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Old 3rd May 2004 | 17:35
  #7 (permalink)  
boiler
 
Joined: Feb 2002
Posts: 402
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From: Somewhere nice and warm
As I understand, Etihad is doing extremely poorly and its CEO is in big trouble. I heard on a number of occasions, the LHR flight would have no more than 3 passengers total! CMB fights are practically empty (not more than 25 per flight). If anybody has any confirmation, I would appreciate that. They just got another 500 million dirhams cash injection. Seems to me the Sheiks thought it would be very easy to create and manage an airline. I still wonder why they don't invest the money with GF instead of creating another airline in the region. There are very limited markets out there and most of them (such as the ISC and S.A.) have restrictions on the amount of seats and flights you can operate to due to Government bilaterals.
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