Etihad Cargo, the dedicated freight division of Etihad Airways, has recorded remarkable growth in 2024, reinforcing its position as a major player in the global air freight industry. The company saw a 24.1% increase in cargo revenue, reaching $1.3 billion, while cargo volumes rose by 11.6% to 646,000 tonnes.
Key Growth Drivers
- Expanded Network & Capacity: Etihad Cargo strategically enhanced its network, boosting bellyhold capacity by integrating new passenger routes, improving efficiency and reach.
- Strategic Partnerships: The airline strengthened global trade connectivity with key agreements, including a notable partnership with SF Airlines, a leader in express cargo.
- Operational Excellence: Investments in digitalization and AI-driven logistics optimization have streamlined operations, resulting in faster turnaround times and improved service reliability.
Financial Success
The cargo division’s success contributed significantly to Etihad Airways’ record net profit of $476 million in 2024, with the airline’s total revenue reaching $6.9 billion. This milestone highlights the growing demand for air freight solutions and the airline’s ability to capitalize on market opportunities.
Outlook for 2025
Etihad Cargo aims to sustain its momentum through further expansion of its fleet, digital transformation, and enhanced customer-centric logistics solutions. As global trade continues to evolve, Etihad Cargo is well-positioned to drive efficiency and innovation in air freight logistics.
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Eva Richardson
The Logistic News
