Loading
13-Jul-2011 12:40 PM

Etihad reports positive EBITDAR on 28% revenue growth in 1H2011

Etihad Airways reported (13-Jul-2011) its first EBITDAR profit for the first half with a 28% year-on-year jump in revenue to USD1720 million for the six months ended 30-Jun-2011. The carrier stated it remains on track to achieve its goal of breaking even this year and maintaining sustainable profitability in 2012. Details include:

  • Revenue: USD1720 million, +28% year-on-year;
    • Passenger: +21%;
    • Cargo: +32%;
  • Passenger numbers: 3.8 million, +14%;
  • Seat factor: 72.9%, +0.4 ppt;
  • Passenger yield: +5%;
  • Cost per ASK: -2%. [more]

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