Middle Eastern carrier Etihad Airways has lifted second-quarter revenues to $1.25 billion, an increase of 30% on last year's figure for the period.

The Abu Dhabi-based airline has not given a profit or loss figure for the period but chief executive James Hogan says it remains "focused and on track to deliver profitability for the full year".

"This continues to be a tough operating environment for all airlines," he says. Non-fuel costs per available seat-kilometre were down by 1%.

Passenger numbers increased by 34% in the second quarter, to 2.6 million, and load factor increased by 4.6 points to 77.6%. The carrier attributes the performance partly to its broadening network of strategic partnerships.

The airline has several codeshare operations and has taken minority shareholdings in Aer Lingus, Virgin Australia, Air Berlin and Air Seychelles.

First-half revenues have risen by 30% to $2.2 billion. Some $281 million has been sourced from partner airlines which have channelled 800,000 passengers into Etihad's network over the first six months of 2012.

"These results are an endorsement of our strategy, which has seen us widen and deepen our partnerships in addition to continued focus on our organic growth plan," says Hogan.

"In a quarter when many airlines have seen demand softening, we have been able to add more passengers than ever before, with growth outstripping our capacity increases."

Etihad's passenger revenues were up by 17%, to $850 million, while cargo revenue rose by 11%, to $183 million, during the second quarter.

Source: Air Transport Intelligence news

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