5-Oct-2011 12:59 PM

Etihad reports best ever third quarter in 3Q2011

Etihad Airways revenue up 39% - financial highlights in 3Q2011:

  • Revenue: USD1100 million, +39% year-on-year;
    • Passenger: USD833 million, +32%;
    • Cargo: USD168 million, +28%;
  • Operating costs: +12%;
  • Passenger numbers: 2.3 million, +18%;
  • Load factor: 80.7%, +3.8 ppts;
  • Cargo volume: 77,623 tonnes, +16%;
  • Number of aircraft: 63, + seven aircraft. [more]

Etihad Airways: “Our clear target is to breakeven in 2011 and this is another big step in the right direction for us. We are well on track to delivering a continuing financial return to our shareholders,” James Hogan. Source: Etihad Airways, CEO.

Want More News Like This?

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