By Neil Halligan
New centre of excellence for revenue accounting will bring cost savings to airlines
Etihad Airways has announced plans to create job opportunities for more than 1,000 Emiratis over the next three years through a new cost-saving, revenue accounting centre of excellence in Al Ain.
The centre will offer range of competitively priced services that will bring cost savings and operational efficiencies to airlines, including Etihad Airways. It will also create long-term economic value for the emirate of Abu Dhabi, according to the airline.
More than 500 Emiratis will be hired during the project’s first year of operation. Total employee numbers are forecast to exceed 800 by the end of 2016, and more than 1,000 by the end of 2017, depending on the level of demand from participating airlines around the world.
James Hogan, president and chief executive officer of Etihad Airways, said: “Revenue accounting is an expensive and time consuming aspect of the global airline business. However, through the establishment of a world-class centre of excellence, Etihad Airways and other airlines can achieve both financial and operational success.
“A range of outsourced support services will be offered by the centre, with a focus on optimising processes and platforms to boost efficiency, and combining back office functions to attain economies of scale.”
He said the project is also aligned with the airline’s long-term commitment to grow its Emirati workforce.