New routes and partnerships make record Etihad H1
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Etihad Airways has reported its strongest first half results in its history, after doubling its passenger numbers during the period.
The Abu Dhabi-based carrier saw passenger numbers grow 22% from January to June year-on-year, reaching 6.7 million.
More than half of these, 3.5m, were carried in the second quarter alone, up 25%.
Its available seat kilometres went up to 39.4bn while its total revenues increased 28% to US$3.2 billion.
The airline has six more destinations than it had in the same period last year, with additions including Medina, Jaipur, Zurich and Los Angeles. The current 98 total will increase further to 103 by the end of this year with new flights to Yerevan, Rome, Perth, Phuket and Dallas.
Its alliance partnerships have also seen growth, delivering around 1.4m passengers to Etihad flights (up 28% on last year) and generating US$471m in revenue, a 23% share. Its codeshare partnerships contributed US$247 million revenue and 754, 050 passengers.
“At a time when the global airline industry has struggled with high fuel prices, intense competition and a slowdown in the cargo market, Etihad Airways has achieved record success, carrying more passengers and cargo to more destinations around the world, with our biggest fleet to date,” said the airline’s president and CEO James Hogan. “We have ambitious plans to build on this momentum in the second half of 2014, with five more destinations being introduced into our global network, and our ground-breaking Airbus A380 and Boeing 787 also entering service, which will reinforce our status as a global market leader.”
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