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Etihad Airways continues to soar

Air
TTG Staff
28 April 2016

Etihad Airways has reported its “best annual financial performance” as passenger numbers continued to grow.

Etihad Airways

Net profit at the company increased by 41% to $103 million with revenue up 19% to $9 billion last year.

Comparisons with 2014 are not on a like-for-like basis as these figures were only for the airline. In 2015 the company decided to reorganise itself into a combined travel and aviation group.

Despite this the airline remains central to the company’s success. Last year it carried 17.6 million people, which represented an 18.9% increase.

James Hogan, Etihad Airways president and chief executive, said: “A fifth year of net profits, with our best annual financial performance to date, shows that we are delivering against that goal.