Etihad Airways Reports 30% Profit Growth in Q1 Due to Strong Demand

Reported about 13 hours ago

Etihad Airways has reported a remarkable 30% increase in first-quarter profit after tax, reaching 685 million dirhams ($186.52 million), driven by robust demand and enhanced operational efficiency. Total revenue surged by 15%, with passenger revenue rising 16% to 5.5 billion dirhams ($1.50 billion), thanks to expanded capacity and more frequent flights. CEO Antonoaldo Neves expressed pride in achieving record profits and customer satisfaction.

Source: YAHOO

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