15 Jul 2013 09:00
James Hogan, President and CEO of Etihad Airways, has been recognised for his “outstanding strategic thinking and leadership” in winning the Executive Leadership category at the prestigious annual Airline Strategy Awards, held in London.
The award was
announced at a gala ceremony held at the Honourable Society of Lincoln’s Inn and
attended by hundreds of senior airline executives from around the world.
Leadership Award was chosen by a panel of expert judges from the aviation
industry after a thorough examination of Etihad Airways’ performance in the
last 12 months.
In-depth analysis was
conducted on the airline’s increased profitability, industry leading growth and
unique new partnership strategy with other air carriers.
The Airline Strategy
Award follows Mr Hogan being named CAPA Aviation Executive of the Year 2012 in
which he was recognised for his “influence on the aviation industry,
outstanding strategic thinking, and innovative direction for growth”.
who chairs the judging and is editor of the Airline Business magazine, said:
“I’m delighted that we have recognised James Hogan with the Executive
Leadership award this year. The judges were hugely impressed with every aspect
of his leadership of Etihad Airways and the innovative ways in which the air
carrier has grown in stature and success.
“In the past 12
months many airlines around the world have struggled with their business during
challenging economic times but James has spearheaded a remarkable growth story
and the panel was delighted to make him the aviation industry’s executive
leader of the year.”
The judging panel
included Geoff Dixon, former Managing Director and CEO of Australian airline
Qantas, Ray Webster, former CEO of low cost carrier easyJet, Doug Steeland, the
former President and CEO of US carrier Northwest Airlines, Professor Rigas
Doganis, former head of air transport at Cranfield University and Chris Tarry,
one of the most highly rated aviation analysts in London’s financial
Mr Hogan said, “I am
very honoured to have been recognised by fellow leaders within the global
aviation industry and this is a great accolade for all of us at Etihad Airways
and our shareholders in Abu Dhabi.
“Five years ago I
signed on behalf of Etihad Airways the world’s biggest order for commercial
aircraft – 205 narrow and wide body planes – at the Farnborough Air Show. Since
then we’ve made great strides and none more so than in the past year.
“This recognition is
the culmination of an incredible 12 months in which we’ve increased our
profitability, focused a great deal of energy on customer service while, of
course, never taking our eye off safety, and
powered forward with our strategy of developing the world’s first equity
Etihad Airways in
2012 reported a 200 per cent increase in net profits to $42 million on revenues
of $4.8 billion, a rise of 17 per cent on the previous year. Passenger numbers rose by 23 per cent to more
than 10 million and the air carrier contributed $2.3 billion of direct
investment to the Emirate of Abu Dhabi and $8.4 billion of indirect spend.
The airline signed a
number of new codeshare partnership agreements with other airlines around the
world in its drive to establish a new business model for air travel. In 2012 the strategy boosted Etihad Airways’
revenues by $600 million.
deals with other airlines are designed to find innovative ways to address costs
and work on synergies such as aircraft and engine sourcing and
The airline also holds equity investments in
airberlin, Air Seychelles, Virgin Australia, Aer Lingus and, subject to
regulatory approval, will acquire 24 per cent of India’s Jet Airways.