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AIRSHOW-Etihad sees $3 bln in '09 revs; delays profit target

Mon Nov 16, 2009 4:10am EST

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DUBAI, Nov 16 (Reuters) - Abu Dhabi carrier Etihad Airways expects revenues to be about $3 billion in 2009, its chief executive said on Monday, but has pushed back its profitability target by a year due to the global financial crisis. "We expect revenues in excess of $3 billion," said Jim Hogan at the Dubai air show.

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Hogan also said the carrier would announce $750 million in investments this week, including a $200 million overhaul order with International Aero Engines, a consortium led by Rolls-Royce (RR.L) and Pratt & Whitney (UTX.N)

(Reporting by John Irish; Editing by Raissa Kasolowsky)

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