Etihad Nears Full Capacity Without Cutting Fares
Etihad Airways says it will surpass its pre-war capacity within weeks without needing to slash prices, as demand rebounds in the US, India and Southeast Asia. The carrier is operating at about 90% of prewar capacity with fares back to prewar levels, while jet-fuel costs have not yet been passed to customers. CEO Antonoaldo Neves dismissed industry expectations of price cuts, stressing the airline remains financially solid despite earlier margins being trimmed, and expects to be back on its planned track by August.
