Etihad Airways' Q1 profit surges to $143m, driven by 41% increase in passenger revenue.
Etihad Airways Q1 profit soars to $143m, driven by robust passenger revenue, up 41% year-on-year, with total revenue increasing by $987m from Q1 2023 to Q1 2024. The airline carried 4.2 million passengers and saw an 86% average passenger load factor, with revenue from cargo and other sources remaining stable. Operational efficiency improved, with unit cost decreasing by 9% and 11% for CASK and CASK ex-fuel respectively.
May 09, 2024
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