Etihad first-quarter profit jumps 30% on strong demand

Etihad Airways' first-quarter profit after tax jumped 30% to 685 million dirhams ($186.52 million), it said on Wednesday, citing strong demand and improved operational efficiency. Total revenue rose 15%, supported by growth in both passenger and cargo business. Passenger revenue climbed 16% to 5.5 billion dirhams ($1.50 billion), bolstered by increased capacity, ongoing network expansion and more frequent flights.

Raccontata dafinance.yahoo.com