Etihad fails to boost cargo volumes in 'very tough' environment

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Etihad has acknowledged the difficult business environment – but failed to note intense competition in the Gulf from neighbouring carriers. In a statement, outgoing president and chief executive James Hogan said 2016 had been a year of sustained growth in a “very tough” business environment.

While Etihad has yet to release its full-year report, Mr Hogan said passenger traffic increased 8% year-on-year, but with just 592,700 tonnes carried, cargo volumes failed to grow. Mr Hogan added that 2017 would be another challenging year. “But we ...