The Abu Dhabi stand at Arabian Travel Market. Amid a recovery in air traffic demand, Abu Dhabi-based Etihad Airways reported an EBITDA (earnings before interest, taxes, depreciation, and amortization) of $272.2 million. “We have never made money before in 18 years and the ball is now making a mark in the back of the net,” said Tony Douglas, CEO of the airline. “This is still a work in progress, but what we have seen is a market that’s come back like a fire hydrant going off – yield is still good in terms of ticket pricing.”
Ahmed Ramzan/Gulf News