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Etihad Cargo shows strongest growth in the company

By Hpanchal on July 9, 2013

Etihad Cargo continued to show the strongest growth in Etihad Airways, according to second quarter and half-year financial performances.

Etihad uplifted almost 113,000 tonnes in the second quarter, an increase of 26 percent year over year. The airline moved 215,124 tonnes in the first half of 2013, achieving growth of 23 percent.

The growth in cargo volumes was supported by the delivery in the second quarter of three new freighter aircraft – one Airbus A330-200F, one Boeing 777-200F and the company’s first Boeing 747-8F – taking the cargo fleet to nine. Cargo performance was further boosted by increased passenger services, providing more belly capacity.

James Hogan, president and CEO of Etihad Airways, said the company’s second-quarter and half-year results were achieved despite the continuation of unsteady economic and geopolitical factors.

“Despite the tough global trading climate, we have still achieved record, double-digit growth in both Q2 and the first half of 2013,” Hogan said. “This reflects not only the continuing popularity of our Abu Dhabi hub, but the growing maturity of our airline partnership strategy and the strength of our cargo operations, which continue to well exceed industry growth rates.”