The first half of 2012 brought historic growth to Etihad Crystal Cargo. In addition to transporting 175,000 tonnes of freight from January to June — a 21 percent, year-over-year, increase — the United Arab Emirates-based freight carrier saw revenues jump 13 percent from the first six months of 2011.
June was a particularly profitable month for Etihad Cargo, according to a press release. The carrier saw eight of its 10 highest-ever daily cargo volumes at its Abu Dhabi hub last month, with traffic exceeding 2,000 tonnes a day, on average.
Kevin Knight, chief strategy and planning officer at Etihad Airways, said these numbers reflect a variety of factors. “Cargo traffic into and out of Asia and the subcontinent remained particularly strong for us over the period, and we are pleased to have maintained a performance lead there and elsewhere at a time when many cargo carriers are cutting capacity,” he said in a statement.
The freight carrier launched service to four new destinations in first half of 2012, adding Benghazi, Libya; Dammam, Saudi Arabia; and Djibouti to its freight network. Knight said the commencement of these routes demonstrates Etihad Cargo’s commitment to growth despite the “geographical, political and economic headwinds in many challenging areas.”
Fleet expansion further affirms the carrier’s commitment on growth, according to the press release. Etihad Cargo ordered two additional Airbus A330-200 freighters in the first half of 2012, aircraft that will complement the two Boeing 777Fs it purchased in 2011. All four freighters are slated to arrive over the next two years.