• Skip to main content
  • Skip to primary sidebar

Ad – Bottom Content

Payload Asia

A year of sustained growth for Etihad Airways in 2016

Payload Asia

Leaderboard

  • Home
  • Latest News
  • Channels 
    • Carriers
    • Aircraft Manufacturers
    • Airports
    • Courier & Mail
    • Freight Forwarders
    • Express
    • Ground Handling & Cargo Terminals
    • Logistics
  • 10th Payload Asia Awards
    • About
    • Categories
    • Winners Circle – 9th PLA Awards
    • Winners Circle – 10th PLA Awards
    • Awards Gallery
  • Subscribe
  • Advertise
  • More 
    • Event Calendar
    • Directory
    • Contact Us
Share

A year of sustained growth for Etihad Airways in 2016

March 7, 2017 by Payload Asia

 

Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up six percent on 2015.

 

The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which now also includes Etihad Airways Engineering; Airline Equity Partners; Etihad Airport Services and Hala Group. The formation of Etihad Aviation Group was announced in May 2016.

 

During the year, Etihad Airways operated more than 109,000 scheduled passenger and cargo flights spanning around 446 million kilometres and 112 destinations. Capacity, measured in available seat kilometres (ASK), grew by nine percent and passenger traffic, measured by revenue passenger kilometres (RPK), rose by eight percent. The average load factor held steady at 79 percent.

 

Etihad Airways’ fleet of 119 aircraft is one of the youngest and most environmentally-friendly in the industry, with an average age of 6 years. During the year, the airline took delivery of 10 aircraft: three Airbus A380s, five Boeing 787s and two Boeing 777-200 cargo freighters. An additional 12 aircraft are set for delivery in 2017, including nine Boeing 787s, two Airbus A380s and one A330-200 freighter. Etihad holds the strongest credit rating in the aviation industry (A by Fitch), demonstrating the strength of its successful business model which is widely acknowledged by the international financial community.

 

James Hogan, president and chief executive officer of Etihad Aviation Group (EAG), said, “2016 saw sustained growth in a very tough business environment. This is where Etihad Airways’ superior products and services show their true value and where the strength of the EAG business model comes into effect through its diversity of businesses, cost effective synergies and global spread of risk. Most importantly, in 2016 we were able to introduce our new Group structure, which positions this business for long-term growth and development.”

 

Etihad Airways launched Venice in Italy, Rabat in Morocco and Sabiha Gokcen in Turkey as new destinations in 2016. The much-admired Airbus A380 began serving Mumbai and Melbourne, and the Boeing 787 Dreamliner was deployed on new routes, including Perth, Shanghai, Johannesburg and Dusseldorf.  The airline added a fifth daily flight on the Doha route, an extra daily flight to Cairo and Kozhikode, and increased frequencies to Dammam, Manila and Tehran.

 

Etihad Airways carried more than 76 percent of the total passengers who travelled to and from Abu Dhabi International Airport in 2016. With the addition of the airline’s equity partners that operate flights into the UAE capital, the combined total rises to 86 percent of passenger traffic at the airport.

 

The airline’s codeshare and equity partnerships delivered 5.5 million passengers onto Etihad Airways’ flights, an increase of nine percent over the five million passengers in 2015.

 

The airline launched new codeshare agreements with Avianca Colombia, Avianca Brasil, Kulula, Precision Air and Montenegro Airlines. Etihad Airways’ existing codeshares with airberlin, Alitalia, Brussels Airlines, Flynas, Jet Airways, Malaysia Airlines, Hong Kong Airlines, and Virgin Australia were significantly expanded. Etihad Airways also launched new interline agreements with Lufthansa, Pegasus, Malindo and LATAM. As a result, the airline now offers a combined passenger and cargo network of nearly 600 destinations through its 188 interline and 53 codeshare partnerships.

 

Etihad Airways’ equity partner network, including airberlin, Air Serbia, Air Seychelles, Alitalia, Jet Airways, Virgin Australia and Etihad Regional, represents the seventh largest global grouping of airlines. In 2016, the combined fleet of 705 aircraft carried 126.6 million guests.

 

In November, Etihad Airways Engineering dealt with a record breaking week of heavy maintenance at its state-of-the-art facility in Abu Dhabi. Aircraft from six of the seven partner airlines were worked on by the company’s 3,000-strong team.

 

During 2016, Etihad Cargo carried 592,700 tonnes, which was flat year-on-year. Etihad Cargo expanded its freighter services to several new markets, including Columbus Rickenbacker, Ohio in the US; East Midlands and London Stansted in the UK; Copenhagen; Brussels; Addis Ababa and Casablanca in Africa; Colombo; Muscat; and Zhengzhou in China. This brings the number of freighter-only destinations to 15.

 

Hogan added: “2017 will be another challenging year. We will continue to expand prudently and efficiently, reflecting the nature of the economic environment. We remain optimistic and have every belief that our robust business model will succeed and, most importantly, stand the test of time.”

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Etihad Airways, Etihad Aviation Group, James Hogan

Related Articles

  • Kuehne+Nagel offers SAF option with Lenovo
  • FedEx adds Asia-Europe capacity with new PEK-CDG route
  • IATA’s new North Asia head returns to Beijing
  • Vietnam’s IPP Air Cargo targets September launch
  • CEVA Logistics opens new warehouse in the Philippines
  • Cainiao boosts parcel services to Pakistan and Bangladesh

Ad – After Content

Primary Sidebar

Trending News

  • One Record Hackathon in Doha ends on high note 176 views
  • Cainiao, Saudia Cargo and WFS/SATS join forces 175 views
  • e-commerce drives operators to add more capacity via BOH 168 views
  • Freight transport stakeholders to discuss net-zero path at COP28 106 views

Payload Asia Awards

  • Air cargo takes spotlight at 8th Payload Asia Awards 3k views
  • Payload Asia Awards A toast to excellence, resilience at 7th Payload Asia Awards 2.1k views
  • Top players reunite at the 9th Payload Asia Awards 1.3k views
  • 9th Payload Asia Awards set on 28 October 1.1k views

Subscribe To
Our Newsletter



By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Payload Asia continues to be the authoritative source for informative, accurate and up-to-date news and information on the air cargo industry and related sectors.
With its updated and refreshed look the print edition continues to provide high quality coverage on the Asia-Pacific, India-Middle East, Europe-CIS, North & South America and Africa air cargo markets.

© 2021 Harvest Information. All rights reserved. Privacy Policy

Partner Sites : Asia Food Journal . and Television Asia Plus .

We use cookies and similar technologies to improve your browsing experience.
Continuing to use this site means you agree to our use of cookies. I agreeRead More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non Necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Save & Accept

Disclaimer: Translations on this website are automated using Google Translate. While we strive for accuracy, please be cautious, as machine translations may contain errors. For critical or sensitive content, consider seeking professional human translation. We are not liable for any reliance on the translated content.

1