United

Etihad revenues up 29.2pc

Latest News
Thursday, 13 January 2011

Abu Dhabi-based Etihad Airways has reported  a 29.2 per cent rise in revenues in 2010 to US$2,951 million (2009: US$2,285 million), significantly outpacing growth in capacity that saw available seat kilometres (ASKs) rise 19.5 per cent to 45.1 billion (2009: 37.8 billion).

The result marked continued progress towards the airline’s goal of break-even in 2011 and profitability in 2012.


Passenger numbers topped seven million for the first time, up 13.1 per cent to 7.099 million, while seat factor increased by 0.5 percentage points, to 74.0 per cent.


Revenue passenger kilometres (RPKs) rose 20.1 per cent from 27.8 billion to 33.4 billion. The airline confirmed that, as previously forecast, it had reported a positive EBITDAR (earnings before interest, taxation, depreciation, amortisation and rentals) for the full year, the first time it had achieved this since it was formed in 2003.

 

 

HACTL
Cathay Cargo
United

Etihad revenues up 29.2pc

Latest News
Thursday, 13 January 2011

Abu Dhabi-based Etihad Airways has reported  a 29.2 per cent rise in revenues in 2010 to US$2,951 million (2009: US$2,285 million), significantly outpacing growth in capacity that saw available seat kilometres (ASKs) rise 19.5 per cent to 45.1 billion (2009: 37.8 billion).

The result marked continued progress towards the airline’s goal of break-even in 2011 and profitability in 2012.


Passenger numbers topped seven million for the first time, up 13.1 per cent to 7.099 million, while seat factor increased by 0.5 percentage points, to 74.0 per cent.


Revenue passenger kilometres (RPKs) rose 20.1 per cent from 27.8 billion to 33.4 billion. The airline confirmed that, as previously forecast, it had reported a positive EBITDAR (earnings before interest, taxation, depreciation, amortisation and rentals) for the full year, the first time it had achieved this since it was formed in 2003.

 

 

HACTL
Cathay Cargo
HACTL
Cathay Cargo