<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body="
In an exclusive interview with Sky News Arabia, the CEO of Etihad Airways Tony Douglas said that there is a noticeable improvement in the company’s financial performance during the first quarter of this year.
He continued: "We had the strongest first-quarter results in our history as we generated about $290 million in EBITDA, and in April and May the results were encouraging, and we are cautiously optimistic about our results for the full year.".
On the unprecedented crises the world is witnessing, from the pandemic to the Ukraine crisis, through the expected global economic slowdown, Douglas explained that the aviation industry is always exposed to factors that affect it, and we express cautious optimism about future prospects.
Speaking about sustainability in the aviation sector, Etihad Aviation Group CEO Tony Douglas said that the group recently unveiled its new aircraft named "sustainability 50" It is an Airbus A350 and is now part of the Greenliner programme.
He explained that Etihad Airways wants to "It shows what’s possible in sustainability and what we’ve learned in the industry is that getting to zero emissions by 2050 is a huge challenge that requires all the technology available.".
It is noteworthy that the World Aviation Industry Summit is being held in its sixth session under the slogan "Digital Prosperity"It reviews the rapid transformation witnessed by the aviation, space and defense sectors in recent years and the role of innovation and technology in the development of the business of these sectors during the coming period.
“>
In an exclusive interview with Sky News Arabia, the CEO of Etihad Airways Tony Douglas said that there is a noticeable improvement in the company’s financial performance during the first quarter of this year.
He continued, “We had the strongest results in the first quarter in our history, as we achieved about $290 million in earnings before interest, taxes and depreciation. In April and May, the results were encouraging, and we are cautiously optimistic about our results for the full year.”
On the unprecedented crises the world is witnessing, from the pandemic to the Ukraine crisis, through the expected global economic slowdown, Douglas explained that the aviation industry is always exposed to factors that affect it, and we express cautious optimism about future prospects.
Speaking about sustainability in the aviation sector, Etihad Aviation Group CEO Tony Douglas said that the group recently unveiled its new aircraft called “Estidama 50” which is an Airbus A350 and is now part of the Greenliner programme.
He explained that Etihad Airways wants to “show what is possible in the area of sustainability and what we have learned in the industry is that achieving zero emissions by 2050 is a huge challenge that requires all the available technology.”
It is noteworthy that the Global Aviation Industry Summit is being held in its sixth session under the slogan “Digital Prosperity”, and reviews the rapid transformation witnessed by the aviation, space and defense sectors in recent years and the role of innovation and technology in the development of the work of these sectors during the coming period.