Etihad Airways reports a 48% profit increase, driven by increased passenger and cargo revenue, and plans to expand fleet with 20 new generation aircraft.

Etihad Airways reported a 48% increase in its first-half profit after tax, reaching Dh851 million, with a 38% increase in carrying 8.7 million passengers and a 10% rise in cargo revenue. Total revenue increased by 21% to Dh11.7 billion, driven by a 24% rise in passenger revenue. The airline plans to add 20 new generation aircraft to its fleet in the next 18 months, with improved efficiency and reduced emissions. This growth strategy will contribute to Abu Dhabi's tourism and economic development.

August 08, 2024
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