ETIHAD EXPECTS POSITIVE FULL YEAR RESULTS

Dino D'Amore
By Dino D'Amore December 7, 2010 10:51

ETIHAD EXPECTS POSITIVE FULL YEAR RESULTS

James Hogan, chief executive of Etihad Airways has stated the airline will report positive EBITAR for 2010. This is the first time the airline has posted a positive result since its inception. It had been aiming to break even in 2011, with profitability from 2012. Hogan lauded the announcement as “an important milestone in the commercial development of the airline.”

Even despite heavy investment in routes, fleet and infrastructure, all indicators show the airline was on target to achieve its goal of profitability in 2013, said Hogan.

Dino D'Amore
By Dino D'Amore December 7, 2010 10:51
No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fetihad-expects-positive-full-year-results%2F"> registered </a> users can comment.