Etihad reports best quarter, forecasts profitability for 2012

04/21/2011 | Air Transport World

Etihad Airways has reported first-quarter revenue of $770 million. The 21.2% leap in revenue from a year ago makes it the most successful first quarter for the United Arab Emirates carrier, prompted it to forecast profitability in 2012. "Our revenues continue to grow faster than our passenger numbers and, thanks to our robust cost controls, we are seeing a real benefit in our overall performance," said CEO James Hogan.

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