Etihad profit more than triples to almost $500 million ahead of expected IPO

Quick Summary:

DUBAI : Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set for an initial public offering this quarter, said on Wednesday.

Earnings were boosted by $5.7 billion in passenger revenue and $1.

"Looking ahead, I am confident we will continue to be a financially strong airline," CEO Antonoaldo Neves said in a statement.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Million Billion Sources Offering Tripled Last Dhabi Year Etihad Airways Airline

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 18:12:40 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26271614

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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