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Home Companies Company News

AGM Watch: Etihad Airways Posts $1.8Billion Passenger Revenue In First Half 2013

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 12, 2013
in Company News
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etihad

Etihad Airways, the national airline of United Arabs Emirates (UAE), which began flights to Nigeria a year ago.  announced its strongest second quarter and half-year financial performances, during the week as its passenger revenues for the first half of 2013 reached $1.8 billion (2012: $1.6 billion), up by 13 per cent.

The airline says the financial record reflects continued solid growth in its alliance strategy and global cargo operations.  The national carrier of the United Arab Emirates achieved an eight per cent increase in Q2 2013 passenger revenues, also generating $921 million as against $855 million in 2012.

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Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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