Etihad Airways has announced that it is on track to save $20 million this year because of the success of its fuel-saving techniques. The airline has taken steps to reduce weight and improve engine performance by increasing the number of engine washes and reducing cruising speeds.
The fuel-saving strategy is not a last desperate attempt to stay in business. Etihad has been wildly successful over the past year. In the first half of 2008, it saw an unprecedented 41% increase in the number of passengers when compared to the same period in 2007. The airline has recently added routes to China and plans to expand further in to Europe and North America.
The Abu Dhabi-based carrier has added new routes and is planning on expanding its fleet by more than 100 aircraft in the near future. However, a slowing world economy and a projected drop in the number of passengers flying into and out of the Middle East might put a damper on Etihad’s ambitious growth plans.