Monday, April 8, 2013

NEWS | Etihad announces strongest ever 1Q results


Etihad announces strongest ever 1Q results

Etihad Airways, which this year celebrates its 10th anniversary of operations, has recorded its strongest ever passenger for a first quarter.
The Abu Dhabi-based airline posted Q1 2013 passenger revenues of US$900 million (2012: US$758 million), an increase of 19 per cent.

Passenger numbers in Q1 2013 grew by 18 per cent, rising from 2.3 million to a record 2.8 million.
The average seat factor was 80.5 per cent, four percentage points higher than the previous year (2012: 76.5 per cent), despite a 12 per cent increase in capacity. The seat factor is above IATA’s current global average of 77.1 per cent.
Etihad Cargo also had its strongest first quarter, with tonnage up 20 per cent from 85,152 to 101,776 tonnes.



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