Etihad Airways Reports Record Profit, Plans $21.8 Billion Investment

Etihad Airways announced a record profit of Dh2.6 billion (approximately $7.07 billion) for 2025, marking its strongest financial performance to date. The Abu Dhabi-based airline plans to invest Dh80 billion ($21.8 billion) over the next decade in new aircraft and product enhancements, signaling continued growth and expansion.

Record Financial Performance in 2025

The airline’s profit after tax rose 47% year-on-year, with a net profit margin of 8.4%, more than double the industry average of 3.9% estimated by the International Air Transport Association (IATA) in December 2025 Gulf News. Total revenue increased 21% to Dh30.7 billion ($8.34 billion), driven by strong performance in both passenger and cargo operations.

Passenger revenue specifically rose 24% to Dh25.8 billion ($7.01 billion), supported by increased demand and capacity. Cargo revenue also saw growth, increasing by 8% to Dh4.5 billion ($1.22 billion) due to higher capacity and volumes The National News.

Expansion and Investment Plans

Etihad Airways carried 22.4 million passengers in 2025, a 21% increase year-on-year, with a corresponding increase in capacity. The airline’s load factor rose to 88.3%, up two percentage points from the previous year The National News.

The airline anticipates receiving 20 new aircraft annually for the next five years, bolstering its fleet and enabling further route expansion Gulf News. This investment will focus on both new aircraft and enhancements to existing products and services.

Navigating Global Challenges

Etihad Airways CEO Antonoaldo Neves highlighted that global tariffs have been more disruptive to the airline than geopolitical tensions Financial Times. The airline closely monitors geopolitical situations and has contingency plans in place, prepared to adjust capacity to other regions if necessary. Approximately 60% of Etihad’s tickets are sold outside of the Middle East region The National News.

Future Outlook

Neves stated that Etihad is operating with the mindset of a publicly listed company, even though it is fully owned by Abu Dhabi’s ADQ holding company Financial Times. The airline aims to balance ambitious growth with a sustainable rate, maintaining a strong financial position while expanding its network and services.