Wednesday 4 July 2012

Soaring revenues take Etihad to record - The National

Etihad Airways yesterday posted a record jump in second-quarter revenues on the strength of surging passenger numbers, and said it was on track for a successful full-year performance despite challenging market conditions.

The airline said it earned US$1.25 billion (Dh4.59bn) over the second three months of this year, compared with $957 million over the same period last year – a jump of 30 per cent. Passenger numbers were up 34 per cent for the quarter, at 2.55 million, and now stand at 4.89 million for the first half.

Revenue for the first half now stands at $2.24bn, up 29 per cent from $1.73bn for the first half last year.

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