Etihad post record results

Ethhad ImageEtihad has announced its strongest second quarter and half year financial performances on record, reflecting continued solid growth in its airline alliance strategy and global cargo operations.   They achieved an 8% increase in Q2 2013 passenger revenues, generating US $921 million (2012: US $855 million), while passenger revenues for the first half of 2013 reached US $1.8 billion (2012: $1.6 billion).   “Despite the tough global trading climate, we have still achieved record double digit growth in both Q2 and the first half of 2013”, said James Hogan (President & CEO Etihad).   As well as its 19.9 % stake in Virgin Australia, Etihad Airways holds a 29% shareholding in airberlin, 40% in Air Seychelles and 3% in Aer Lingus.

Source: Travelbiz

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