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 UAE’s
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 UAE’s 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 UAE’s rise as a
global transport hub, it is a valuable partner in the globalisation of the Australian
economy.”
Mr Hogan
said that Etihad’s 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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