FINANCIAL NEWS

Abu Dhabi’s Etihad Cargo reports 18% increase in cargo volumes in July

07 Aug 2012

(MENAFN) Etihad Cargo, the freighter unit of Abu Dahbi-based Etihad Airways, reported 18 percent increase in cargo volumes in July from a year earlier, Arabian Business reported.

The company said that network volumes were close to 33,000 tons last month. The figure surpassed March record of 31,700 tons.

The freighter also reported a 4-percent increase in revenue in July compared to June, and 8 percent increase from a year earlier.

Kevin Knight, Etihad Airways chief planning expected to maintain strong freight performance over the third and fourth quarters of 2012.

Etihad Cargo currently operates a fleet of six freighters.

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