News Content
Etihad Airways achieves 4pc cargo volume growth in 2015 to 591,000
ETIHAD Airways' cargo division has announced that cargo freight and mail volumes increased by four per cent to 591,000 tonnes in 2015, while net profit stood at a record US$103 million on total revenues of $9.02 billion.
Accounting for 88 per cent of air cargo imports, exports and transfers at Abu Dhabi International Airport last year, the carrier enhanced its global reach by offering bellyhold capacity on the six new passenger routes, bringing to 96 the total number of passenger destinations on which freight was flown, reported Stat Trade Times Mumbai.
The cargo airline also expanded its freighter services to several new markets including Dakar, Nouakchott and Douala in Africa, taking the number of freighter-only destinations operated to 20.
CEO James Hogan said: "Our mandate is to build a sustainable profitable airline. A fifth year of net profits, with our best annual financial performance to date, shows that we are delivering against that goal."
The airline's partnership strategy, based on 50 codeshare agreements and its strategic minority investments in selected airlines, remained a key driver of its growth in 2015.
Accounting for 88 per cent of air cargo imports, exports and transfers at Abu Dhabi International Airport last year, the carrier enhanced its global reach by offering bellyhold capacity on the six new passenger routes, bringing to 96 the total number of passenger destinations on which freight was flown, reported Stat Trade Times Mumbai.
The cargo airline also expanded its freighter services to several new markets including Dakar, Nouakchott and Douala in Africa, taking the number of freighter-only destinations operated to 20.
CEO James Hogan said: "Our mandate is to build a sustainable profitable airline. A fifth year of net profits, with our best annual financial performance to date, shows that we are delivering against that goal."
The airline's partnership strategy, based on 50 codeshare agreements and its strategic minority investments in selected airlines, remained a key driver of its growth in 2015.
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