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FINANCIAL NEWS
Etihad Airways passenger traffic hits 14.8m in 2014
02 Feb 2015
(MENAFN) UAE Etihad Airways said it carried around 14.8 million passengers last year, representing an increase of 23 percent over the same period a year earlier, Gulf News reported.
The cargo equity strategy, in which it bought stakes in a number of airlines from Australia and Ireland, added 3.5 million passengers onto Etihad flights, a rise of 40 percent form 2.65 million passengers in 2013.
Etihad splashed out on its equity strategy in 2014, including a USD631.55 million investment in Alitalia, which meant that Etihad took a 49 percent stake in the Italian airline.
The Abu Dhabi-based airline said its fleet expanded 24 percent to 110 aircraft, which included the delivery of its first Airbus A380 and Boeing 787-9 at the end of the year.
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