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Etihad

Etihad’s 2013 earnings jump 48%

: Tuesday, March 04 - 2014 @ 00:41

Etihad Airways said its 2013 net income jumped 48% and predicted more growth this year, as the fast-expanding Abu Dhabi airline aims to develop its alliance network with a potential investment in Alitalia, Reuters has reported. Etihad, which has minority stakes in seven airlines including Air Berlin and Virgin Australia, earned a net profit of $62m last year, up from $42m in 2012. Revenue rose 27% in 2013 to $6.1bn, the carrier said.

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Tuesday, March 4- 2014 @ 0:41 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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