etihad-logo-blackEtihad Airways has announced its strongest ever passenger and cargo volumes for a first quarter, together with US$1.4 billion in total revenues during the three-month period, marking a year-on-year increase of 27 per cent.

A total of 3.2 million passengers travelled with Etihad Airways during the first quarter of 2014, over 14 per cent higher than the 2.8 million passengers from the same period last year. The growth rate is more than double a recent estimate from the International Air Transport Association (IATA) that passenger demand will increase 5.8 per cent this year on a global basis.

James Hogan, President and Chief Executive Officer of Etihad Airways, said: “Although the global airline industry has faced challenges such as higher-than-expected fuel prices and fierce competition in key international markets during the first quarter of 2014, we have continued to outperform the passenger and cargo markets, and raise the bar even further for Etihad Airways.