Loading

Etihad reports another 6 months' record double-digit growth; 20% of revenues from partnerships

Analysis

Since reporting its maiden profit in 2011, Etihad Airways' financial results have shown steady and solid growth, even in the face of less than certain global economic conditions. The carrier's 1H2013 results suggest the strength of its 'equity alliance' strategy, with the airline recording record double-digit growth in the period, with a particularly strong contribution from its partner airlines.

Revenue is at record levels, but the carrier only discloses bottom line results on an annual basis.

Etihad reported 2Q2013 passenger revenue of USD921 million, up 8% year-on-year. 1H2013 passenger revenue growth was even stronger, up 13% year-on-year to USD1.8 billion. Overall, total revenue (including cargo) grew to USD2.5 billion for the first six months of 2013, an increase of 14%. Of this, Etihad's partnership revenue comprised 20% of total passenger revenue in both periods.

Read More

This CAPA Analysis Report is 2,019 words.

You must log in to read the rest of this article.

Got an account? Log In

Create a CAPA Account

Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.

InclusionsContent Lite UserCAPA Member
News
Non-Premium Analysis
Premium Analysis
Data Centre
Selected Research Publications

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More