James Hogan, President and Chief Executive Officer of Etihad Airways

Etihad Airways surpasses growth targets in 2014

The national airline of the United Arab Emirates, Etihad Airways, set new records for the number of passengers carried and amount of cargo transported during 2014, its strongest operational performance to date.

The airline carried almost 14.8 million passengers, a significant increase of 23% over 2013 levels.  The growth in passenger demand continued to outstrip capacity increase, highlighting the strength of its long-term growth strategy.

On the cargo side, Etihad transported a record total of 568,648 tonnes of freight and mail in 2014, an increase of 17% year-on-year.  The airline accounted for 89.6% of cargo imports, exports and transfers at Abu Dhabi airport last year.

It also introduced 10 additional destinations to its global route network in 2014, with new services launched to Medina, Jaipur, Los Angeles and Zurich in the first half of the year, and Perth, Rome, Yerevan, Phuket, San Francisco and Dallas in the second half of the year.  In addition, frequencies were increased on 23 existing routes across the world in 2014.

Besides being able to offer bellyhold capacity on flights to the new passenger destinations, Etihad Cargo also expanded its freighter services to new markets such as Dar es Salaam, Entebbe, Hanoi and Moscow.

A freighter service was also launched from Milan to Bogotá and from Bogotá to Amsterdam, following an agreement with Avianca Cargo, the cargo division of Latin American carrier Avianca.

James Hogan, President and Chief Executive Officer of Etihad Airways, said: “Our business model, which focuses on organic network growth, codeshare partnerships and minority equity investments in other airlines, continued to yield positive results in 2014 and surpassed our double-digit targets for passenger and cargo growth.”