Emirates and Etihad Airways on a high
The year is looking like a good one for airlines in the UAE, led by strong performances at Emirates and Etihad Airways. Despite the uncertainty surrounding the civil unrest in the Middle East and North Africa, airlines in the country are expanding relentlessly and, just as importantly, profitably. Emirates has reported a year of record profit, while Etihad recently declared its first quarterly operating profit in 1Q2011.
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