Etihad CEO Addresses Australias Lowy Institute

Travel News Asia Latest Travel News Podcasts Videos Friday, 12 August 2011

On Thursday, Etihad Airways Chief Executive Officer, Mr. James Hogan, delivered the inaugural Australia-Gulf Lecture at the Lowy Institute for International Policy in Sydney.

In his speech entitled The Shifting Geopolitics of Aviation Mr Hogan reflected on the major economic and societal changes in Asia and the Middle East and their impact on global aviation.

The Arabian [Persian] Gulf is a consequential player in this new Asian paradigm. It now finds itself at a geographic crossroads, between the old world and the new. Its oil is literally fuelling the urbanisation of regional China and the South Asian Subcontinent, Mr. Hogan said. Abu Dhabi has been purposeful in its plans to evade the Resource Curse. It has a clearly defined framework for economic diversification away from hydrocarbons and into metals, tourism, renewable energy, financial services and transport and logistics. This is its vision for 2030 ... And aviation is the absolute lifeblood of the UAEs future economic prospects. Because of this, the Emirates and their airlines are deadly serious about success in this sector.

Mr Hogan also spoke of the UAEs growing bilateral and trade relationship between Australia and the United Arab Emirates.

Australia, like Abu Dhabi, is blessed with natural resources that are essential for the growth and urbanisation of emerging markets, he said. And because of the UAEs rise as a global transport hub, it is a valuable partner in the globalisation of the Australian economy.

Mr Hogan said that Etihads future network hub strategy would be built around the opportunities in provincial China, regional India and other under-served growth areas.

The airlines indeed businesses that will survive and prosper in the face of seismic global change are those which reinvent themselves with this change in mind.

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