Thursday 28 May 2015

Etihad Airways posts $73m profit for 2014 | GulfNews.com

Etihad Airways posts $73m profit for 2014 | GulfNews.com:



"Etihad Airways reported on Thursday a 52.1 percent increase in profit for the financial year ending December 31, 2014 that it said was largely driven by its airline’s strategy of investing in other carriers.



The airline made $73 million in 2014 compared to $48 million a year ago. Revenue was $7.6 billion, up 26.7 per cent compared to the $6 billion in revenues for 2013, according to an emailed statement.



“A key driver of Etihad Airways’ growth in 2014 was its partnership strategy, based on wide-ranging codeshares and its unique approach of minority equity investments in strategically important airlines,” the airline said."



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