US EditionAbu Dhabi's long-haul carrier Etihad Airways sees record $476 million profit in 2024
- Etihad Airways made a record profit of $476 million in 2024, marking a financial recovery for the airline.
- The airline's revenues were nearly $6.9 billion in 2024, an increase from $5.5 billion in 2023.
- Etihad reported flying 18.5 million passengers in 2024, which is a 32% increase.
- CEO Antonoaldo Neves expressed confidence in the airline's future, stating it will "continue to be a financially strong airline.
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Abu Dhabi's Long-haul Carrier Etihad Airways Sees Record $476 ml Profit in 2024
Long-haul carrier Etihad Airways announced Wednesday it made a record $476 million profit in 2024, part of a financial rebound for the Abu Dhabi-based airline. The airline had revenues of nearly $6.9 billion in 2024, compared to $5.5 billion in 2023. Its profit in 2023 was just $143 million. Etihad attributed its higher profit to increased passenger numbers, a recovery in its cargo operations and cutting its costs. It flew 18.5 million passenger…
·Riyadh, Saudi Arabia
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