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Etihad Airways attributes 2Q2013 and 1H2013 performance to partnerships and cargo

8-Jul-2013 4:06 PM

Etihad Airways attributed (08-Jul-2013) its 2Q2013 and 1H2013 financial results to, "solid growth in its airline alliance strategy and cargo operations." The airline reported revenues from its partnerships comprised 20% of its total passenger revenue in 1Q2013 and 1H2013, with airberlin as the largest contributor. The carrier expects to have 45 codeshare partners providing a virtual global network of more than 350 destinations by the end of 3Q2013. Growth in the airline's cargo traffic was supported by increased passenger services and the delivery of one A330-200F, one Boeing 777-200F and one 747-8F in 2Q2013. Etihad Airways president and CEO 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. 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." [more - original PR]