The result, said Etihad, was achieved despite fuel costs increasing by almost 60% compared with the same period last year when Etihad reported an operating loss of US $392 million for the six months to 30 June 2022.
Etihad carried more than four million passengers during H1 2022, up from just shy of a million last year, on a load factor of 75%, with passenger loads "increasing consistently" during the first six months of the year. It said Abu Dhabi’s decision to further relax its Covid travel restrictions in February contributed to a "strong boost" in passenger volumes.