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Growth and profit expectations remain on track for Etihad

30-Jul-2009

Etihad Airways has announced all funding for its expansion, including aircraft orders, are already covered and has ruled out any revision of its stated revenue projection of USD3.1 billion for 2009, despite the market slump caused by the global economic downturn. [1376 words]

Unlock the following content in this report:

Subheadings:

  • Predictably, an aircraft order cancelled
  • New Business-class lounges a counter-cyclical investment in the current climate
  • New codeshare arrangements will extend Etihad’s reach
  • Innovative Emiratisation process proceeds – but the figures remain surprisingly low

Graphs and data:

  • Etihad Airways annual passenger traffic (millions): 2004 to 2009F
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