Etihad Airways profits up in Q1

Abu Dhabi-Mubasher: Etihad Airways reported a 41% rise in its annual profits, according to a statement.

Net profits reached AED 378.31 million ($103 million) in 2015, compared to AED 268.13 million ($73 million) in 2014.

Total revenues reached AED 33.13 billion ($9.02 billion) as a result of increased passenger and cargo volumes.

Partnership revenues rose to AED 5.14 billion ($1.4 billion), delivering five million passengers onto the airline’s network

The airline carried a total of 17.6 million passengers in 2015, an increase of 18.9% year-on-year (y-o-y).

 

Mubasher Contribution Time: 27-Apr-2016 09:58 (GMT)
Mubasher Last Update Time: 27-Apr-2016 09:58 (GMT)