Etihad Cargo reports 24% YoY revenue growth last year

Etihad Cargo reported a strong performance with cargo revenue rising 24 per cent year-on-year to AED4.2 billion (US$1.1 billion) for last year, Antonoaldo Neves, CEO, Etihad Airways, said. This growth was driven by increased capacity, a 12 per cent boost in cargo leg tonnes carried, and improved yields in the second half of the year. “These results are testament to the dedication of our people who have worked together for a purpose, delivering our strategy. Looking ahead, I am confident we will continue to be a financially strong airline delivering extraordinary customer experiences, fulfilling our shareholder’s mandate, and contributing to the long-term prosperity and success of the UAE,” he added.