Tuesday 8 July 2014

Etihad Airways H1 revenues up 28 pct on passenger, cargo growth « ASHARQ AL-AWSAT

Etihad Airways H1 revenues up 28 pct on passenger, cargo growth « ASHARQ AL-AWSAT:



"Abu Dhabi’s state-owned Etihad Airways, which plans to buy a 49 percent stake in Alitalia, reported on Tuesday a 28 percent jump in first-half revenues, helped by growth in passenger and cargo volumes.



The carrier earned revenues of 3.2 billion US dollars in the six months ended June 2014 compared to 2.5 billion dollars in the corresponding period last year, it said in a statement.



Revenues from code-sharing and equity partners rose 31 percent to 471 million dollars. The airline carried 6.7 million passengers in the first half of this year, up 22 percent, while cargo volumes grew 25 percent to 268,713 tonnes."



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