https://arab.news/ggwwm
- The transformation of Etihad has been recognized following a record-breaking core operating profit of $296m in the first half of 2022
ABU DHABI: Etihad Airways was named Middle East & Africa Airline of the Year at the Airline Economics Aviation 100 Awards.
The company’s Chief Financial Officer Adam Boukadida also received the Middle East & Africa CFO of the Year award for the second successive year on Tuesday.
The Airline Economics awards are held annually to recognize outstanding businesses, individuals and financial transactions in the commercial aviation industry.
Boukadida said: “We’re incredibly proud to be named Airline of the Year by Airline Economics, which comes just before our 19th birthday.
“This award goes to our entire organization and stands as a testament to the success of our transformation, in which every member of the Etihad family played an important role.”
Etihad was recognized for its successful turnaround, which resulted in a record-breaking core operating profit of $296 million in the first half of 2022.
For the Airline of the Year award, the judges also considered profit, debt, load figures, RPK (revenue passenger kilometers), orders and routes.