Etihad Airways announced (30-Dec-2012) it carried over 10 million passengers so far in 2012 and expects to increase traffic by 22% year-on-year to 10.3 million in 2012. The airline expects to carry more than 74 million passengers in 2012 in combination with its equity partners. The airline expects airberlin to report 33.4 million passengers in 2012, Virgin Australia 19.5 million, Aer Lingus 11 million and Air Seychelles 241,000. Etihad Airways president and CEO James Hogan said, "Etihad Airways has achieved significant expansion in 2012 and therefore it's very satisfying to pass our target of flying more than 10 million passengers during a year for the first time." Etihad Cargo increased its total volume in 2012 by 18% year-on-year to 365,000 tonnes. [more - original PR]
Etihad Airways reports 10.3 million passengers and 365,000 tonnes of cargo in 2012
You may also be interested in the following articles...
Etihad's first joint financing with equity partners further tests archaic airline ownership rules
Etihad continues to implement new forms of cooperation with its equity partner airlines, pushing beyond the limits of other partnerships not involving a controlling stake. The Etihad equity alliance goes beyond codesharing and revenue-generating activities to also seek cost synergies, which partnerships and alliances have seldom managed to achieve.
Etihad is now moving from specific operational synergies (crew resources, aircraft) to macro financing across the group via a USD700 million joint bond financing transaction in the capital market. The allocation of the funds is nearly 20% each to Etihad, Etihad Airport Services, airberlin and Alitalia; 16% to Jet Airways; and the remainder to Air Serbia and Air Seychelles. This is the first time that Etihad and its equity partners have raised funds together and may be the first such joint financing anywhere in the airline industry.
Etihad's equity alliance consists of non-controlling stakes. Nevertheless, as the airline itself said in a release on 21-Sep-2015, the partners collaborate "through measures which otherwise would only be available through mergers or takeovers". Etihad Airways Partners is looking and feeling more and more like a consolidated group of companies under common ownership and control.
Australia is a key market for Emirates and Etihad, and is the missing link for Qatar Airways
Every two hours, an Emirates aircraft – half of them A380s – departs Dubai for Australia. After India, the UK and US, Australia is Emirates' fourth largest market by seat capacity deployment but second largest, after the US, for available seat kilometres.
About one in every 10 seat kilometres flown by Emirates is en route to Australia. Emirates is the largest international airline in Australia after Qantas while its neighbour, Etihad Airways, is eighth largest. Etihad in Australia punches above its weight: globally it is 37% the size of Emirates but has 45% as many seats to Australia as Emirates does.
Qatar Airways is missing out. If its Australian capacity was in proportion to Emirates the way Etihad's is, Qatar would have around 18,000 weekly seats and 50-60 weekly flights, placing it on the heels of Cathay Pacific as the seventh largest airline in Australia. Instead Qatar has only 14 weekly flights, 4,700 seats and is Australia's 18th largest carrier.