Etihad Airways has reported a 29.2% increase in revenue for 2010 to $2.95 billion on the back of a 19.5% increase in capacity to 45.1 billion ASKs and 13.1% growth in passengers carried to 7.1 million. The airline confirmed that it achieved a positive EBITDAR for the full year for the first time since its inception back in 2003 although figures are yet to be released, if at all. Etihad reiterated that it expects to be in the black in both 2011 and 2012. Etihad CEO, James Hogan said the outlook for 2011 was “strong” with operating conditions continuing to
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