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Sheikh Hamdan took to social media platform X to make the announcement on World Teachers' Day
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Etihad reports 25.4pc growth in RPKs
ABU DHABI — Etihad Airways on Wednesday reported a 25.4 per cent growth in revenue passenger kilometres (RPKs) in the first quarter of 2010, far out-pacing the industry average.
RPK is a key indicator to assess airlines’ revenue levels, and according to a Press release issued by Etihad, it could achieve a growth of 22 per cent in the airline’s available seat kilometres (ASKs). The growth figures were against the first quarter of 2009, the release said.
When contacted by Khaleej Times a spokesperson for Etihad however declined to disclose the total revenue levels of the airline in the first quarter. The improvements in RPKs and ASKs were matched by an increase in seat factors, from 73 per cent to 75 per cent, the release claimed.
Passenger numbers increased by 11 per cent, despite the continuing economic downturn affecting many of Etihad’s international markets. Premium traffic also increased by five per cent. The airline said that its long-haul operations made important contributions to its performance in the first quarter. Theseincluded 87 per cent seat factors in economy on the new Chicago route, Asia-Pacific and Australian routes all operating at seat factors of more than 80 per cent in the economy cabin, and European, American and Australian routes all operating at more than two thirds full in the business cabin during the period, the release said.
The total passenger numbers rose from six million achieved till the end of 2009 to 6.3 million towards the end of the first three months of this year. Those figures were boosted by eight new route launches through the year, to Melbourne, Astana, Istanbul, Athens, Larnaca, Chicago, Cape Town and Hyderabad.
“These are encouraging figures. Despite operating in the worst air transport recession in history, Etihad has continued its growth trajectory.Our investment in our product and in our brand has helped us to attract higher numbers of passengers in both economy and premium cabins, ” the release said quoting James Hogan,Chief Executive Officer of Etihad.
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