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.
Bids for billionaire Mukesh Ambani's first IPO in 20 years topped $77 billion on Friday, making Jio Platforms India's most subscribed stock offering as it surpassed the 2008 issue of Reliance Power, part of his brother Anil's group.
Sales of Apple's first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market in the same way the iPhone did for smartphones.
Microsoft researchers say an AI tool that diagnoses patients step by step, as doctors do, was more than twice as accurate as general physicians at solving complex medical cases, according to a study published on Thursday in Science.
The UAE and Greece have announced 18 agreements and commercial partnerships worth a total of €12.75 billion, strengthening economic and investment cooperation.