Monday 3 March 2014

UAE's Etihad Posts Biggest Annual Profit Yet : NPR

UAE's Etihad Posts Biggest Annual Profit Yet : NPR:



"DUBAI, United Arab Emirates (AP) — Gulf-based carrier Etihad Airways has posted its largest annual profit yet with $62 million in net earnings last year.



The national carrier of the United Arab Emirates says profits were up 48 percent and revenue rose 27 percent to $6.1 billion.



The 10-year-old Etihad is among the world's fastest growing airlines. It has aggressively expanded its fleet of aircraft and owns stakes in Air Berlin, Air Seychelles, Virgin Australia, Aer Lingus and Jet Airways."



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