Etihad Airways: 200 Percent Net Income Rise
Etihad Airways, the fast-growing carrier of Abu Dhabi, posted a 200 percent rise in net profit in 2012 and a 17 percent increase in revenues, reports Al Arabiya Etihad net income encreased by $42 million last year compared to $14 million in 2011 when it made its first ever profit. The number of passengers grew 23 percent to 10.3 million compared to 8.4 million in 2011 and tevenues increased 17 percent to $4.8 billion in 2012 compared to $4.1 billion the previous year.


