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Etihad has announced a $73m profit on the back of revenues of $7.6bn ? and in case any rival was wondering, it has made it clear that they  are “audited by KPMG and are in accordance with International Financial Reporting Standards (IFRS)”. Cargo revenues rose 19.2%  to $1.1bn, on volumes of 569,000 tonnes, meaning freight contributed 14% of total the carrier’s total revenues ? equal in fact to the revenues Etihad gains from its partners. As the Wall St Journal ...

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