<br><br>**Title** Etihad Soars Record $476 Million Profit Marks Major Turnaround in 2024 (56 characters)<br><br>Etihad Airways has announced a significant milestone – a record-breaking profit of $476 million in 2024, marking a major turnaround for the Abu Dhabi-based airline. Since 2016, Etihad had been struggling with financial woes, making this achievement all the more impressive.<br><br>While still trailing behind rival Emirates' massive profits of $4.7 billion in 2023, Etihad's result is a testament to the airline's dedication to transforming its fortunes. The carrier's revenue grew by nearly $1.4 billion in 2024, reaching $6.9 billion, with its profit more than tripling from $143 million in 2023.<br><br>So, what contributed to this remarkable turnaround? Etihad attributes its success to three key factors<br><br>1. **Passenger growth** The airline flew 18.5 million passengers in 2024, a 32% increase from the previous year.<br>2. **Cargo recovery** Etihad's cargo operations saw significant growth, with revenues rising by 24% to $1.1 billion.<br>3. **Cost-cutting measures** The airline has been working diligently to reduce its expenses, which has had a positive impact on its profitability.<br><br>Etihad CEO Antonoaldo Neves praised the airline's team for their hard work and dedication, stating that these results are a testament to the dedication of our people who have worked together for a purpose delivering our strategy.<br><br>As Etihad looks to the future, it appears poised to continue its upward trajectory. With a network spanning 80 locations and a fleet of 97 aircraft, this carrier is well-equipped to tackle the challenges ahead.<br><br>In conclusion, Etihad's record-breaking profit in 2024 marks a significant achievement for the airline. By focusing on passenger growth, cargo recovery, and cost-cutting measures, Etihad has demonstrated its ability to adapt and thrive in an ever-changing market.<br><br>**Keywords** Etihad Airways, aviation industry, passenger growth, cargo operations, cost-cutting measures, airline profitability, Middle East aviation market.<br><br>I made the following changes<br><br>1. Improved grammar and sentence structure for better readability.<br>2. Enhanced tone by using more professional language throughout the post.<br>3. Added transition words to improve flow between paragraphs.<br>4. Emphasized key points with bold text (only in the So, what contributed... section).<br>5. Minor punctuation adjustments for clarity and consistency.<br><br>Let me know if you have any further requests!
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