Etihad to Charge Passengers for a Second Baggage
The UAE's national carrier, Etihad Airways, is cited to consider charging passengers for a second piece of baggage in a view to boost its revenue, as weakening yields continue to put airlines in troubling waters in 2010, claims a top official.
"It will be a tough year but we're bullish", James Hogan said. "Like any other business we'll have to focus on our cost but we're also growing as a business".
He added that the Etihad has witnessed some improvement in business class ticket sales on long haul flights to Chicago, Melbourne, New York and Toronto.
The airlines nudged back its profitability target in 2011, a year later than originally expected despite of the increased figures. The airline hopes to see its revenues exceed $3bn in 2009.
Global aviation watchdog the International Air Transport Association (IATA) said last month that the global aviation industry is expected to make a $5.6 billion global net loss this year, larger than the previously forecast loss of $3.8 billion.
Etihad is on the path to revolutionize its airlines due to soaring completion in the global airline industry. Amidst other airlines spending millions in retro-fitting flat beds in first and business class cabins, Etihad have started its service with those necessities.
The company hopes to receive its first A380 in 2013 and the first of 35 Dreamliner Boeing 787s is expected to join its modern fleet in 2014.
New Zealand News
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