Press Release: Etihad Airways reports profitability and EBIT of $137m in record 2011
Etihad Airways, the national carrier of the United Arab Emirates, reported a full year EBIT of $137m, on revenues up 36.0% to $4.1bn (2010: $2.98bn). The results included earnings before interest, tax, depreciation, amortisation and rentals (EBITDAR) of $648m, with a net profit of $14m. The record result exceeded the airline's 2011 target, which was to break even.
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