Etihad Airways ‘cautiously optimistic’ on 2022 outlook, chief executive says – The National

Etihad Airways ‘cautiously optimistic’ on 2022 outlook, chief executive says – The National

Etihad Airways is “cautiously optimistic” about the travel outlook for 2022 despite strong passenger demand and steady cargo rates as the aviation industry recovers from the coronavirus-induced slowdown.

The Abu Dhabi-based airline's earnings before interest, taxes, depreciation, and amortisation stood at $272 million in the first quarter, with yields on passenger fares “reasonably good”, Tony Douglas, chief executive of Etihad Aviation Group, said at the Arabian Travel Market fair in Dubai on Tuesday.

Premium cabin load factors are currently higher than they were before the pandemic, he said. The load factor is a measure of how well an airline is filling available seats.