CrownPointBlue
Well-Known Member
- Joined
- 5 Feb 2014
- Messages
- 2,728
- Location
- Yorkshire. Jumeirah. Estepona.
- Team supported
- Manchester City.
I wouldn't be so sure about that. Etihad's business was relatively weak even before this and the entire industry is in existential crisis mode right now. Demand isn't forecasted to get back to normal by 2022/2023 and they're cost cutting all over the place.
I can't speak to the state sponsored side to it (ie: the things they do because they have to) but from an economic perspective it makes absolutely no sense for them to renew. The optics would be pretty awful also if they got bailed out then signed an improved deal with us.
Etihad Airways has lost billions in recent years and Covid will accelerate those losses.
A merger twixt Etihad and Emirates Airways,representing all the UAE, remains a possibility at some stage headquartered out of World Central which is on the border twixt Abu Dhabi and Dubai.
It’s increasingly difficult to second guess HH Sheik Mansour & his lead team on these matters.....it could be more of the same or shift the fiscal responsibility to a high tech type of business with global exposure but strong association with Abu Dhabi.
Win the CL,on top of our recent Uefa victory, and we become one of the most attractive sports brands and enterprises on the planet......if’s....but’s....maybe’s.....AND POSSIBILITIES.