Etihad Airways posted a first-quarter net profit of AED 685 million ($186.5 million), marking a 30% year-on-year increase, as surging demand and operational efficiency powered its performance across both passenger and cargo segments.
The Abu Dhabi-based carrier reported total revenues of AED 6.6 billion ($1.79 billion) for Q1 2025, a 15% rise compared to the same period last year. Passenger volumes climbed 16% to reach 5 million, with corresponding revenue hitting AED 5.5 billion.
Growth Fueled by Fleet Expansion and Strategic Investments
Etihad’s strong results come as the airline continues an ambitious $7 billion investment programme aimed at doubling the size of its fleet by 2030. As part of this effort, Etihad recently confirmed an order for 28 wide-body Boeing aircraft.
The deal was finalised shortly after the visit of former US President Donald Trump to the UAE last week, signalling deepening aviation and trade ties between the two countries.
CEO Antonoaldo Neves said the airline expects growth of between 15% and 20% in the near term.
“We are scaling quickly and anticipate reaching a fleet of 100 aircraft soon,” he stated, underlining Etihad’s commitment to capacity expansion and global competitiveness.
IPO Speculation and Future Outlook
Industry observers are watching closely for an expected announcement regarding Etihad’s long-rumoured initial public offering (IPO). While the airline has yet to confirm a timeline, its strong Q1 performance may accelerate plans for a potential market debut.
As Etihad strengthens its global footprint, the airline’s dual focus on efficiency and scalability continues to support its role as a key player in regional aviation. Its growing fleet, rising passenger volumes, and expanding cargo operations reflect an upward trajectory that aligns with Abu Dhabi’s long-term economic ambitions.
