Etihad Airways partner carriers were all profitable in 2012

Etihad Airways CEO James Hogan, speaking at the CAPA Australia Pacific Aviation Summit, stated (07-Aug-2013) all the equity carriers Etihad Airways had invested in were profitable in 2012. According to Mr Hogan, Etihad Airways recouped its investment in Air Berlin in the first eight months of the relationship and its partnership continue to enhance revenue and provide cost synergies.