Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
EY Posts First Full-year Profit  
User currently offlinePezySPU From Croatia, joined Dec 2011, 283 posts, RR: 0
Posted (4 years 3 months 2 weeks 6 days 10 hours ago) and read 2966 times:

I'm so glad to be reading this:

"Middle Eastern carrier Etihad Airways has reported a full-year net profit of $14 million for 2011, exceeding its breakeven target and bringing the airline into the black for the first time in its eight-year history."


Nice, let's hope they continue in the black.

3 replies: All unread, jump to last
User currently offlinelightsaber From United States of America, joined Jan 2005, 15660 posts, RR: 100
Reply 1, posted (4 years 3 months 2 weeks 6 days 4 hours ago) and read 2610 times:


I'm amazed. This was one of those 'elusive goals' that was always 18 months off in the future. Congrats to EY. It has been a tough market to attain a profit. Now to wait for the 'new AUH' airport. Is there a completion time for the opening?


"They did not know it was impossible, so they did it!" - Mark Twain
User currently offlinedavid_itl From United Kingdom, joined Jun 2001, 7809 posts, RR: 13
Reply 2, posted (4 years 3 months 2 weeks 5 days 23 hours ago) and read 2324 times:
Support Airliners.net - become a First Class Member!

Manchester Evening News article actually gives some limited informaton on AUH-MAN:
"Etihad said it carried 222,482 passengers between Manchester and Abu Dhabi in 2011, which was up 29 per cent on the previous year.

Passenger revenues out of Manchester grew 31.8 per cent to £44.1m, up from £33.4m, largely down to the fact it launched its double-daily service last August."

Revenue growth exceeding passenger growth should be a good thing?

User currently offlineGBRandSYCguy From United Kingdom, joined Jan 2011, 50 posts, RR: 0
Reply 3, posted (4 years 3 months 2 weeks 5 days 22 hours ago) and read 2206 times:

Good news for all concerned especially with the recent acquisition in Air Seychelles & Air Berlin. Isn't it ironic how EY who's been in existence for less than 10 years bought into Air Seychelles an airline with nearly 40 years experience but has just only made a profit? I reckon HM (Air Seychelles) can teach EY a thing or two, it might have already started by EY calling their business class Pearl zone. HM business class has been called Pearl class since the 70s.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Ryanair Raises Full Year Profit Guidance To €310m posted Tue Apr 6 2010 00:35:05 by Pe@rson
FR Q3: €11 Loss; Full Year Profit Expect'n = €275m posted Mon Feb 1 2010 00:28:05 by Pe@rson
Emirates To Post Full Year Profit Of Around US$1B posted Wed Feb 20 2008 09:25:11 by SINGAPORE_AIR
Skywest 4Q And 2007 Full Year Profit Up posted Fri Feb 8 2008 09:27:06 by LAXintl
AirTran Triples Full-year Profit On Strong Revenue posted Wed Jan 30 2008 10:02:40 by LAXintl
CO Makes A Full Year Profit posted Thu Jan 18 2007 12:39:54 by UAL777UK
JetBlue Revises Earnings, Expects Full Year Profit posted Thu Dec 21 2006 02:22:13 by Isp
Malaysia Airlines Announce Full Year Profit + News posted Tue May 25 2004 00:20:01 by Odie
Singapore Airlines Declares Full Year Profit! posted Fri May 14 2004 09:37:10 by Singapore_Air
AS - Small 4Q Loss; Full-year Profit posted Wed Jan 28 2004 18:38:01 by EA CO AS