Etihad Cargo H1 revenue up 6% on lower volumes - Indian Transport & Logistics News

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Monday, 1 August 2022

Etihad Cargo H1 revenue up 6% on lower volumes

 


Etihad Cargo reported a 6 percent increase in revenue at $802 million for the first half of 2022. "Revenues remained strong despite the increase in passenger volumes limiting belly-hold capacity, leading to a 19 percent reduction in freight carried (295,020 tonnes)," says an official announcement. 

Etihad carried 4.02 million passengers in H12022, over 3 million more than last year (H12021: 980,000) with an average seat load factor of 75 percent.

Network capacity came in at 24 billion available seat kilometres (ASKs) for H12022, an increase of 46 percent compared to last year (H12021: 16.4 billion) "as the airline connected Abu Dhabi to 71 passenger and cargo destinations across 45 countries.

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