Etihad Airways introduced on Wednesday that its cargo deliveries have resumed near pre-pandemic volumes. It adopted the Abu Dhabi-based airline saying main income decreases from final yr.
Etihad Cargo — the airline’s cargo and logistics service — is flying to 90% of the locations in its community earlier than the COVID-19 pandemic. Its tonnage, which is a measurement of cargo, is up 20% from the identical interval in 2019, Etihad Airways mentioned in a press launch.
Etihad is the flagship airline of the United Arab Emirates. Along with the Dubai-based Emirates, Etihad stopped flying for a interval in spring of 2020 earlier than resuming restricted flight companies and progressively rebuilding its community.
Like different Gulf-based airways, Etihad skilled huge losses as a result of novel coronavirus and the accompanying downturn in international travel. In August of final yr, Etihad reported a nearly $1 billion lower in passenger flight income, resulting in the airline chopping jobs.
On Tuesday, Etihad reported mixed passenger and cargo revenues of $1.1 billion for the primary half of 2021. The identical determine for 2020 was $1.5 billion, which means revenues have decreased by $400 million from final yr. Wednesday’s cargo announcement was a extra bullish piece of stories from the airline.
Etihad is without doubt one of the preeminent airways within the Middle East and Abu Dhabi is a serious international transportation hub. Etihad has additionally performed a key position within the normalization settlement between Israel and the UAE. In July, Etihad and the Israeli airline El Al introduced joint flight bookings.