Arab Today, arab today etihad projects 5 bn revenues in 2012
Last Updated : GMT 04:44:18
Arab Today, arab today
Arab Today, arab today

Etihad projects $5 bn revenues in 2012

Arab Today, arab today

Arab Today, arab today Etihad projects $5 bn revenues in 2012

Abu Dhabi - AFP

Abu Dhabi's carrier Etihad Airways is projecting $5 billion in revenues in 2012, up from $4.1 billion last year, and hopes to sustain profitability, its chief executive said on Sunday. The UAE flag carrier that is owned by the rich emirate of Abu Dhabi is "projecting $5 billion in revenues in 2012," Etihad's CEO James Hogan told participants in the World Route Development Strategy Summit in Abu Dhabi. He also said that the carrier was looking to keep "sustainable profitability in place" after posting $14 million in net profits last year, in its first-ever registered profit since it began operations in 2003. Hogan said the fast growing airline made $281 million in the first half of 2012 in revenues from partnerships and code-sharing with other carriers. Etihad has equities in Ireland's Aer Lingus, airberlin, Air Seychelles and Virgin Australia. The carrier operates a fleet of 67 aircraft with an average age of 4.9 years, and has many on order. It is competing with major fast-growing Gulf carriers, Emirates of Dubai and Qatar Airways, as the three airlines vie to strengthen their share of traffic between Europe, Asia and Australia. "We are highly competitive with our neighbours," Hogan said, stressing however that the Gulf region is at a "crossroad" and can accommodate three carriers. And he acknowledges that the government-owned carrier has a long way to go to catch up with competitors. "When we peak, we'll still be the half-size of our major competitor in the UAE," he said in reference to Emirates, the largest carrier in the Middle East.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etihad projects 5 bn revenues in 2012 Arab Today, arab today etihad projects 5 bn revenues in 2012

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday