Etihad Airways, the national airline of the United Arab Emirates, has been named CAPA Airline of the Year at the CAPA Aviation Awards for Excellence 2014 held in Antwerp, Belgium.
The CAPA Aviation Awards for Excellence, the world’s pre-eminent aviation strategy awards, are for strategic leadership in the aviation industry.
The Airline of the Year award is given to the carrier which has had the greatest impact on the development of the global airline industry, as a strategic leader and by setting a benchmark for others to follow.
CAPA executive chairman Peter Harbison, said that the efficiency of the aviation industry comes down to a number of things and Etihad Airways represents the industry well.
“Recognising that organic growth was not likely to generate the rapid global expansion it needed, Etihad Airways has relied on an extensive network of codeshares and most notably, established its own ‘equity alliance’, cemented by minority holdings in airlines around the world,” Mr Harbison said.
“In a new world of aviation partnerships, Etihad Airways is at the strategic vanguard of equity relationships, as a growing number of airlines – notably in Asia – line up to emulate the success of this truly original model.”
Etihad Airways president and chief executive officer, said that the airline is humbled by the award.
“We are delighted to be named Airline of the Year at the 2014 CAPA Aviation Awards for Excellence. It is not only a great honour but also a powerful endorsement of the Etihad Airways business model,” Mr Hogan said.
“The four-pillars of our strategy – organic expansion, codeshare partnerships, minority investments in other airlines and deep commercial agreements – are more than a new rule book for global aviation they are the keys to a long and sustainable future for the airline and its partners.”