Etihad reports US$103m profit for 2015
Etihad Airways has reported a consolidated net profit of US$103m for 2015 on the back of strong passenger growth. Etihad said profit was $73m in 2014. Revenue last year was $9.02b after $7.55b the previous year. However, Etihad said that the 2014 figures were for the stand-alone airline business, making them not strictly comparable to the consolidated 2015 results. It did not elaborate on the difference between the sets of numbers. The airline carried 17.6m passengers in 2015, up 19% from the previous year. "Our profitability clearly demonstrates the success of our business strategy, based on organic growth boosted by our partnerships," CE James Hogan said. Revenue passenger kms rose 21.3% to 83.2b while available seat km grew 21% to 104.8b. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-04-28/eap/etihad-reports-us-103m-profit-for-2015
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Etihad reports US$103m profit for 2015
Etihad Airways has reported a consolidated net profit of US$103m for 2015 on the back of strong passenger growth. Etihad said profit was $73m in 2014. Revenue last year was $9.02b after $7.55b the previous year. However, Etihad said that the 2014 figures were for the stand-alone airline business, making them not strictly comparable to the consolidated 2015 results. It did not elaborate on the difference between the sets of numbers. The airline carried 17.6m passengers in 2015, up 19% from the previous year. "Our profitability clearly demonstrates the success of our business strategy, based on organic growth boosted by our partnerships," CE James Hogan said. Revenue passenger kms rose 21.3% to 83.2b while available seat km grew 21% to 104.8b. <br/>
