Etihad Airways experienced large decreases in passenger flight revenues in the second quarter of 2020 amid the COVID-19 pandemic. The Abu Dhabi-based airline is still flying regularly despite recent financial struggles resulting from the downturn in global travel.
Etihad’s passenger revenues decreased from $950 million in the first quarter all the way to $60 million in the second quarter of 2020, which corresponds to April, May and June. The number of passengers decreased from 3.43 million to just 30,000 across the quarters, according to a press release.