Etihad Airways, which has stakes in Aer Lingus and Virgin Australia, on Sunday reported 19 percent year-on-year growth in third-quarter revenues, helped by passenger growth due to code sharing and partnerships.
Etihad earned revenues of $1.3 billion in the third quarter, with its seat factor - the number of passengers on flights divided by the number of available seats - climbing to 81.2 percent, its highest level ever, the Abu Dhabi government-owned airline said in a statement.
Passenger revenues were boosted by code sharing, in which two or more airlines share the same flight, and partnerships; revenues from these two categories jumped 51 per cent to $182 million. The airline's 38 partners created a combined network of 315 destinations, more than any other Middle Eastern carrier, Etihad said.
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