Etihad reports record performance in 2014
Etihad Airways has posted its strongest operational performance to date with both record cargo volumes and passengers carried in 2014.
March 2, 2015
Etihad Airways has posted its strongest operational performance to date with both record cargo volumes and passengers carried in 2014. Etihad Cargo reported strong volume growth for 2014, with 568,648 tonnes of freight and mail flown in total, a 17 per cent increase yearon- year. The airline accounted for 89.6 per cent of cargo imports, exports and transfers at Abu Dhabi airport last year.
Over the course of last year, Etihad Cargo enhanced its global reach by offering bellyhold capacity on Etihad Airways’ 10 new passenger destinations and expanding its freighter services to new markets such as Dar es Salaam, Entebbe, Hanoi and Moscow. A freighter service was also launched from Milan to Bogotá and from Bogotá to Amsterdam, following an agreement with Avianca Cargo, the cargo division of Latin American carrier Avianca.
Almost 14.8 million passengers flew with Etihad Airways last year, a significant increase of 23 per cent over 2013 levels. The growth in passenger demand continued to outstrip the airline’s capacity increase, highlighting what it says is the strength of its longterm growth strategy.
James Hogan, president and CEO of Etihad Airways, said: “Our business model, which focuses on organic network growth, codeshare partnerships and minority equity investments in other airlines, continued to yield positive results in 2014 and surpassed our double-digit targets for passenger and cargo growth.”