Press Release: Record H1 for Etihad as 28% increase in revenues contributes to positive Ebitdar
Etihad Airways reported its most successful first half year, with revenues up 28% to $1,720m (H1 2010: $1,342m), driven by solid performances in both passenger and cargo activities. A 2% reduction in costs per available seat kilometre, despite large increases in oil prices, also helped deliver a positive Ebitdar (earnings before interest, tax, depreciation, amortisation and rentals) in the six months from January 1 for the first time.
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