Etihad: 39% year-on-year passenger growth in April 2024
Etihad Airways has reported a 39% year-on-year growth in customers for April 2024, with its year-to-date passenger figures of 5.7 million 41% higher than at year-to-date April 2023.
“These figures…
Etihad Airways has reported a 39% year-on-year growth in customers for April 2024, with its year-to-date passenger figures of 5.7 million 41% higher than at year-to-date April 2023.
“These figures come on the back of robust first-quarter 2024 financial results with Q1 earnings equivalent to our total net income for the entire financial year 2023,” highlighted Antonoaldo Neves, CEO of Etihad Airways.
In April 2024, the United Arab Emirates’ national carrier operated a total of 68 routes (as compared to 63 for the same month a year prior), with a fleet expanded from 75 to 89 aircraft. Passenger load factor also grew from 81% to 84%. “We continue to grow our network and our frequency to match customer demand, and in April we successfully reintroduced our much-loved A380 onto our New York route while announcing plans to add it to our flights to Paris from 1 November,” concluded Neves.
In Q1 2024, Etihad’s profits after tax surged to $143 million, with the airline attributing its total revenue increase “primarily due to a significant boost in passenger revenue, which roe by $263 million, a 25% increase from the previous year”.
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