Etihad Airways Reports Strong Passenger Demand Despite Regional Conflicts
Abu Dhabi's Etihad Airways reported strong passenger demand in the wake of regional conflicts, with its capacity for carrying passengers rising above levels from a year ago. CEO Antonoaldo Neves stated that Available Seat Kilometres (ASK), an industry standard measure of capacity, are currently between 15 to 17% higher than last year. He noted flights were nearly full in August, achieving a load factor of 92%, and the airline aims for over 87% throughout the remainder of the year. The Iran war earlier this year disrupted travel across the Middle East and beyond, increasing fuel prices and affecting flight operations. However, Gulf carriers like Etihad have gradually resumed normal activity as demand rebounds ahead of the winter travel season.
Topics: airline demand capacity increase Iran war impact travel recovery