Etihad Keeps Up Profitability In 2015

Etihad Airways has posted a net profit of $103m for 2015, a year-on-year rise of 41 per cent. Annual revenues also increased last year by 19 per cent to $9bn from 2014’s $7.5bn.

Etihad Airways has posted a net profit of $103m for 2015, a year-on-year rise of 41 per cent.

Annual revenues also increased last year by 19 per cent to $9bn from 2014’s $7.5bn.

The results, published on Wednesday (April 27), mark the airline’s fifth consecutive year of profitability.

James Hogan, Etihad Airways president and CEO, said: “Our profitability clearly demonstrates the success of our business strategy, based on organic growth boosted by our partnerships. As well as operating profitability, we are building enterprise value across the airline and its many additional business streams.”

 

TAGS: Middle East
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