Abu Dhabi-based Etihad Airways made a profit for a second year running, its president said, adding that the airline will release formal figures for 2012 in February.
The UAE flag carrier, which has expanded globally through stake purchases in the likes of airberlin and Virgin Australia, has over US$6.5bn in funding from more than 50 financial institutions, James Hogan said at conference in Dublin.
“We are set to post our second successive profit which is rare in the current uncertain economic climate and illustrates the impact and success that the Etihad Airways’ unique business model has made,” said Hogan.
Abu Dhabi's Etihad posts profit for second-year running - Transport - ArabianBusiness.com
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