Strong Q1 passenger numbers for Etihad

Etihad Airways posted Q1 2013 passenger revenues of US$900 million (2012: US$758 million), an increase of 19%; and cargo revenues of US$193 million (2012: US$165 million), an increase of 17%. Passenger numbers in Q1 2013 grew by 18%, rising from 2.3 million to a record 2.8 million. The average seat factor was 80.5%, four percentage points higher than the previous year (2012: 76.5%), despite a 12% increase in capacity. The seat factor is above IATA’s current global average of 77.1%. Etihad Cargo also had its strongest first quarter, with tonnage up 20% from 85,152 to 101,776 tonnes. “Our Q1 2013