Etihad Airways’ core operating performance high during 2019 – Gulf Today

Etihad Airways’ core operating performance high during 2019 – Gulf Today

Etihad Airways announced an encouraging 32 per cent improvement in its core operating performance for 2019 on revenues of $5.6 billion (2018: $5.9 billion).. Passenger routes were rationalised at the end of 2018 to optimise the network and improve revenue.. Due to the capacity reduction, passenger revenues slightly decreased to $4.8 billion (2018: $5 billion), but route profitability improved.. Tony Douglas, Group CEO, Etihad Aviation Group, EAG, said, "Operating costs were reduced significantly last year and both yields and load factors were increased despite passenger revenues being down due to network optimisation..