Air, Freight News

Etihad Airways Sees Net $103M Profit for 2015

[ May 6, 2016   //   ]

Fifth consecutive year of net profitability demonstrates airline’s successful growth strategy
·         Net profit of US$ 103 million for 2015
·         Total revenue of US$ 9.02 billion on back of increased passenger and cargo volumes
·         Passenger volume continues to grow faster than capacity, outpacing regional growth
·         Equity strategy delivers success in network, revenue growth and economies of scale
·         Partnership revenues up to US$ 1.4 billion, delivering five million passengers onto Etihad Airways network
·         Growth across group’s business streams, including cargo, MRO, catering and ground handling, and frequent flier programme