Etihad Airways, the national carrier of the UAE, has released its preliminary traffic figures for July 2024 and confirming it served 10.4 million passengers between January - July this year, up 2.8 million on the same period last year.
In July alone the airline welcomed 1.7 million passengers, a 33 per cent rise on the same month in 2023.
Etihad Airways' CEO, Antonoaldo Neves, said, "Year-to-date, we have served 10.4 million passengers, up 2.8 million on the same period last year, and as of July 2024, our rolling 12-month passenger count now stands at 16.8 million.
“July's load factor of 89 per cent reflects our successful performance during a peak summer period, amidst significant capacity expansion since 2023.
Etihad Airways' fleet has expanded to 93 aircraft from 78 in July 2023, and now serves 10 more destinations than it did twelve months ago.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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