Etihad reports Dh2.6bn profit as airline unveils $21.8bn expansion plan to 2035
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Etihad Airways has reported a record annual profit of Dh2.6 billion, marking a 47 per cent increase year-on-year and its fourth consecutive year of profitability, as strong travel demand continued to fuel growth.
Revenue rose 21 per cent to Dh30.7 billion, supported by a 24 per cent surge in passenger revenue to Dh25.8 billion. Cargo operations also delivered solid performance, contributing Dh4.5 billion, up 8 per cent on higher shipment volumes.
The Abu Dhabi-based carrier transported 22.4 million passengers during the year, representing a 21 percent increase compared to the previous period. The load factor improved to 88.3 percent, while capacity expanded at a similar pace, reflecting disciplined yet steady network expansion.
Chief executive Antonoaldo Neves said the airline’s performance reflects the success of its long-term strategy, including fleet renewal and enhanced premium offerings.
Looking ahead, Etihad has outlined plans to invest approximately Dh80 billion, equivalent to around $21.8 billion, through 2035, signaling a major expansion phase aimed at strengthening its global network, modernizing its fleet, and elevating customer experience.
The results reinforce Etihad’s continued turnaround and position the carrier for sustained growth amid robust international travel demand.
