Etihad Airways reveals strong first half growth

09 July 2014

Etihad Airways’ revenue rises 28 per cent year-on-year to $3.2bn in first half

Etihad Airways announced on 9 July that it had booked revenues of $3.2bn in the first half of 2014, a 28 per cent increase on the same period in 2013.

Passengers carried by the airline in the period rose to 6.7m, 22 per cent more than in January-June 2013, while cargo rose 25 per cent to 268,713 tonnes.

“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,” Etihad Airway’s president and CEO James Hogan said in a statement.

Hogan said the airline will add five more destinations to Etihad’s global network in the second half. Etihad’s Airbus A380 and Boeing 787 aircraft will enter service.

Etihad was operating to 98 destinations at the end of June compared with 92 a year ago. This will rise to 103 destinations including Rome, Perth, Phuket and Dallas by the end of the year.

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