Strategic Meetings Summit London, 26 September,
September 29 2022, Kimpton Fitzroy London
Friday 30 September 2022, JW Marriott Grosvenor
Etihad Airways has reported a 29 per cent jump in revenue for the third quarter of 2013.
The Abu Dhabi state-owned airline, which is planning to buy a 49 per cent stake in Alitalia, said the strong growth in revenue was helped by a 30 per cent rise in passenger numbers between July and September 2014 compared to the same period last year.
Almost four million passengers travelled with Etihad in Q3 2014, with the growth in passenger demand and revenue outstripping the airline’s capacity increase.
“Our focus on organic growth, code share partnerships and minority investments in other airlines has continued to produce strong results, despite the prevalence of industry challenges such as volatile oil prices, economic and political instability, overcapacity in the market, and access constraints,” James Hogan, Etihad President and CEO said in the statement.
Etihad has today (October 14) had 34 of its codeshare routes with Air Berlin blocked by German regulators.