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The airline said it carried 3.5 million passengers in 2021, with passenger loads doubling in the second half of the year during the UAE‘s peak winter travel season. Still, its overall passenger revenues were down 14 per cent compared to the year before.
Abu Dhabi took a more stringent approach to containing the coronavirus than its neighbouring city-emirate of Dubai.
It reported that cargo revenues increased by 49 per cent to an all-time high of USD 1.73 billion last year.
Despite its financial woes, Etihad remains one of the two premier airlines in the United Arab Emirates and among the Middle East’s top carriers.
Abu Dhabi’s rulers launched Etihad in 2003, rivalling the established Dubai government-owned carrier Emirates, which boasts a larger fleet and far-flung network.
Emirates flies out of Dubai International Airport, located only 115 kilometers (70 miles) away from the capital of Abu Dhabi.
The two airlines compete in the long-haul carrier market, using their nation’s location as a key east-west transit point to their advantage.
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