Etihad Airways’ first quarter profit after tax surged to $143 million, up from $16 million in the first quarter last year, with total revenues up to $1.56bn. Its passenger revenues climbing from $1.03bn in last year’s first quarter to $1.3bn this year, along with the cost for available seat kilometres (CASK) and CASK excluding fuel decreasing 9% and 11% respectively, had driven up its strong results. Its strong capacity growth in the first quarter, with available seat kilometres (ASKs) up 35% year-on-year (YoY) and passenger numbers up 41% YoY to 4.2 million, no doubt bolstered its passenger revenues. Etihad’s operating

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