Etihad Reports Record $463 Million Profit with $5.9 Billion Revenue
Strong Financial Performance in 2025
Etihad Airways has achieved its most impressive nine-month results in history, announcing record profits, revenue, and passenger figures as the airline continues to grow in both fleet and operational capacity throughout 2025. The carrier reported a profit after tax of AED 1.7 billion ($463 million), marking a 26 percent increase compared to the previous year. This lift in earnings enhanced the profit margin to 8 percent, up from 7 percent in the same period last year.
Total revenue saw a significant boost of 18 percent year-on-year, reaching AED 21.7 billion ($5.9 billion). This increase was primarily driven by robust growth in both passenger and cargo operations, demonstrating a strong demand throughout the market.
Detailed Financial Highlights
Passenger revenue climbed to AED 18.2 billion ($4.9 billion), an uptick of 20 percent. This surge was supported by an expanded capacity and a fortified global network that facilitated increased travel. At the same time, cargo revenue experienced an 8 percent rise, totaling AED 3.2 billion ($875 million), fueled by a 6 percent increase in volume.
Improvements in operational performance were notable. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 27 percent to AED 4.3 billion ($1.2 billion), resulting in an EBITDA margin of 20 percent—one percentage point higher than the same period a year prior. Operating cash flow also surged to nearly AED 6 billion (over $1.5 billion), showcasing a year-on-year growth of more than 40 percent.
Passenger and Capacity Growth Metrics
In terms of passenger traffic, Etihad carried 16.1 million passengers over the nine-month period, the highest number in its history. This figure reflects an 18 percent increase from the previous year, supported by a 17 percent rise in capacity and a load factor of 88 percent, indicating enhanced operational efficiency.
Customer satisfaction metrics have continued to climb, with Net Promoter Scores improving across all travel classes. Notably, the new A321LR fleet has been particularly well-received, establishing new standards for comfort and service on narrow-body aircraft.
CEO’s Vision and Strategy
Antonoaldo Neves, CEO of Etihad Airways, remarked, “Etihad’s performance this year has set a new benchmark, outpacing the market and driving nearly half of the UAE’s total passenger growth. It’s a clear validation of our strategy, the strength of our team, and the appeal of Abu Dhabi as a world-class destination.” He further highlighted the airline’s commitment to expand its operations and enhance the guest experience while prioritizing efficiency.
By the end of September 2025, Etihad’s operating fleet reached 115 aircraft, marking an increase of 19 planes year-on-year during what has been a pivotal delivery phase. The third quarter alone witnessed the addition of nine new aircraft, including the airline’s first Airbus A321LR, along with several other modern models. This growth resulted in more than a 20 percent year-on-year increase in Available Seat Kilometres for the quarter.
Expanding Global Network
July marked a significant milestone for Etihad, as the airline carried 20 million passengers over a rolling 12-month period for the first time. The new A321LR fleet commenced operations on August 1, 2025, with its inaugural route to Phuket, featuring luxurious amenities such as private First suites and fully lie-flat Business Class seating.
Etihad has expanded its network significantly, operating nearly 300 passenger flights daily to over 100 global destinations. As of September 30, the airline actively served 91 of these destinations. Throughout the third quarter, new routes to Atlanta and Al Alamein were launched, along with future plans for services to Salalah, Kazan, and Krakow. Across Europe, more than 500,000 seats were added in 2025, enhancing the airline’s contribution to the region’s tourism.
In the last 12 months, Etihad has either launched or announced 31 new destinations, reinforcing its role in boosting Abu Dhabi’s inbound tourism and aiming to position the capital as one of the world’s most connected cities.
Investment in Human Resources and Partnerships
The airline’s sustained progression has also been backed by strategic partnerships, including new loyalty agreements with other carriers and an extended cargo partnership. Significant investments in human resources were made, with over 2,600 new employees joining the team during the first nine months of 2025. This includes more than 200 new pilots and 1,500 cabin crew members. Concurrently, over 1,500 employees were promoted during the same period, highlighting the airline’s commitment to development and growth.
Published on 1763176586 • Category: Travel & Hospitality, Aviation, Etihad, Etihad Airways, UAE Aviation
