Etihad Cargo posts record November figures, continues expansion

  • United Arab Emirates: Wednesday, December 19 - 2012 at 12:22
  • PRESS RELEASE

Etihad Cargo, a division of United Arab Emirates (UAE) flag carrier Etihad Airways, has posted record monthly revenues for November of $65.8m, up 21.2% on the same period last year ($54.3m).

The carrier lifted 32,633 tonnes of freight in the period, an 18.2% increase on November 2011 (27,628 tonnes).

The figures reflect the cargo operator's continued upward momentum in what has been a record 2012 so far.

Etihad Airways' Chief Strategy and Planning Officer, Kevin Knight, said, "2012 has been a great year for us. The latest impressive revenue and tonnage figures have been driven largely by strong sales out of Southern China and solid growth out of Europe and South East Asia."

"Yields have also held up compared to last year, and at the same time we have successfully grown volumes ahead of our capacity growth," he added.

"Looking ahead, we expect to maintain strong freight performance over the final month of 2012," he concluded.

New Houston-Abu Dhabi freighter route
Etihad Cargo has also recently inaugurated a twice-weekly freighter operation from Houston, in the United States (US) to Abu Dhabi.

The new service departs Texas' largest city every Tuesday and Friday and is operated in conjunction with existing wet-lease partner Atlas Air Worldwide, using a Boeing 747-8 freighter.

Mr Knight added, "Houston-Abu Dhabi will complement our existing bellyhold cargo capacity from Chicago and New York, and no doubt be a catalyst for strengthening the trade ties between our two countries."

To date, Etihad Cargo has carried more than 110,000 tonnes of cargo to and from the US.
 
Article Options
Log in to request more information from Etihad Crystal Cargo

Notes and Media Contacts »

Please Login or Register to view notes and media contacts information

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions