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FINANCIAL NEWS
Etihad airways keeps a solid ground boosting its business in Q2
08 Jul 2013
(MENAFN)The Emirati national carrier Etihad airways achieved a record in performance throughout the second quarter of the year hitting a 13% increase in revenues, Arabian business reported.
The growing airline witnessed a surge in the numbers of passengers since March 2013 making a profit of USD921 million comparing to USD855 million in 2012 in addition to output made by code share and equity alliance airline partners was USD184 million in Q2 2013 what represents 25% rise.
Etihad CEO and President James Hogan said:” Despite the tough global trading climate, we have still achieved record, double-digit growth in both Q2 and the first half of 2013,” Hogan added: “This reflects not only the continuing popularity of our Abu Dhabi hub, but the growing maturity of our airline partnership strategy and the strength of our cargo operations, which continue to well exceed industry growth rates.”
Etihad airways has been working relentlessly to rival other major airlines in the region sealing deals and signing contracts with international and regional corporations, it has also acquired new planes to its fleets and adding new destinations to its growing map.
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