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Etihad Airways' revenue surges 28 percent

Egypt,Business/Economy, Tue, 03 Apr 2012 IANS

Abu Dhabi, April 3 (IANS/WAM) Etihad Airways continued its growth in the first quarter of current year with a 28 percent rise in revenue to $989 million over the corresponding period in 2011.

 

Etihad Airways President and CEO James Hogan, said: "We met all our revenue targets and budget estimates in the first quarter, despite the challenging economic conditions confronting the international community.

 

The results were announced as Hogan unveiled plans for a significant expansion of the airline's global network over the next 18 months. These included a daily service to Etihad Airways' first South America destination and a new service to Vietnam.

 

--IANS/WAM

 

snb/vd

 


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