Air Seychelles (HM), which is 40% owned by Etihad Airways (EY), has undergone a major restructuring and aims to end the year in the black.
Air Seychelles A330-200. Courtesy, HM Air Seychelles (HM), which is 40% owned by Etihad Airways (EY), has undergone a major restructuring and aims to end the year in the black. In January, EY bought into HM and kicked off a five-year management contract to reverse several years of heavy losses (ATW Daily News, Jan. 30). In February, HM appointed former EY regional general manager Cramer Ball as its new CEO (ATW Daily News, Feb. 2). HM’s third-quarter passenger numbers are ...
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