Tuesday, 24 May 2022

Etihad CEO Says India Sales Higher, Optimistic on China Rebound - Bloomberg

Etihad CEO Says India Sales Higher, Optimistic on China Rebound - Bloomberg

Etihad Airways said bookings for its India flights are edging higher as the south Asian nation loosens coronavirus curbs, adding to a surge in demand led by the Gulf carrier’s destinations in Europe and North America.

Sales in China are also expected to jump once the latest lockdowns ease, Chief Executive Officer Tony Douglas said Tuesday in an interview at the Global Aerospace Summit in Abu Dhabi, where Etihad is based.

“Everything that gets introduced gets very full very quickly,” he said of the Indian market. “When China comes back online and other parts of the Far East, I will have a go at confidently predicting, they’ll go off like a fire hydrant.”

Etihad’s aircraft are flying 77% full across the network, around 2 percentage points higher than the occupancy level in May 2019, before the pandemic struck. Flights to cities including London, Paris, New York and Geneva are “basically full,” according to Douglas, who said last month that the termination of travel restrictions had lifted sales 800% over 72 hours in some markets.

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