Etihad Airways A330-200. By Rob Finlayson Etihad Airways (EY) said it exceeded its target of breaking even in 2011 by posting a $14 million net profit for the full year, marking the first time the Abu Dhabi-based carrier, launched in 2003, was in the black on an annual basis. "Five years ago we said we would be profitable by 2011," president and CEO James Hogan (ATW, Jan. 1), who took over the carrier's helm in 2006, said in a statement. "Despite the global ...

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