Etihad on target for break-even result in 2011
Etihad CEO James Hogan stated the carrier is on course to reach a break-even result in 2011, adding it has seen premium traffic rebound in recent months (aviation week, 26-Oct-2010).
Etihad Airways: “We’ve seen premium business coming back in the last half of the year. We remain on course to reach break even in 2011. We would have done it this year if it hadn’t been for the global crisis. Etihad is a young, non-legacy carrier with a clear business plan and route to becoming profitable,” James Hogan, CEO. Source: Aviation Week, 26-Oct-2010.