Abu Dhabi's Etihad Airways said its revenues grew by 28 per cent to $1.72 billion in the first half of the year, as the unlisted carrier looks to break even in 2011.
Etihad, which began operations in 2003, said in a statement on Wednesday that it saw a 2 per cent reduction in cost per available seat kilometre despite soaring oil prices.
Seat factor - the percentage of available seats that are filled during a specific period - increased to 72.9 per cent from 72.5 per cent seen in the first half of 2010, while passenger numbers rose 14 per cent to 3.8 million, James Hogan, chief executive of Etihad said in the statement.
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