Etihad Airways Posts Record AED 1.1 Billion Half-Year Profit
Etihad Airways has achieved its strongest half-year results ever, posting a record profit after tax of AED 1.1 billion (US$306 million) for the first six months of 2025. This marks a 32 percent increase from the same period in 2024, fueled by surging passenger demand, network expansion, and operational efficiencies that underscore the airline’s robust recovery and growth strategy.
Strong Financial Performance Drives Record Results
Etihad’s profit surge reflects a 16 percent year-on-year rise in total revenue to AED 13.5 billion, with passenger revenue climbing 16 percent to AED 11.3 billion and cargo revenue up 9 percent. EBITDA grew 24 percent to AED 2.7 billion, boosting the margin to 20 percent, while operating cash flow reached nearly AED 4.0 billion, a 27 percent increase.
The airline carried 10.2 million passengers, a 17 percent jump from last year, supported by a 14 percent increase in available seat kilometers (ASK) and an 87 percent load factor, up 2 percentage points. In early July, Etihad surpassed 20 million passengers over the prior 12 months, doubling its 2022 figure and cementing its status as the Middle East’s fastest-growing carrier.
Key Metrics at a Glance
| Metric | H1 2025 Value | Year-over-Year Change |
|---|---|---|
| Profit After Tax | AED 1.1 billion | +32% |
| Total Revenue | AED 13.5 billion | +16% |
| Passenger Revenue | AED 11.3 billion | +16% |
| Cargo Revenue | AED 2.2 billion (est.) | +9% |
| EBITDA | AED 2.7 billion | +24% |
| Passengers Carried | 10.2 million | +17% |
| Load Factor | 87% | +2pp |
| Fleet Size | 100+ aircraft | Expansion ongoing |
*Estimates based on reported trends; Etihad’s operating fleet exceeded 100 aircraft by June 2025.
Network Expansion and Fleet Growth Fuel Momentum
Etihad now serves nearly 90 destinations as of June 2025, with 27 new routes launched or announced this year alone, including year-round and seasonal services to boost Abu Dhabi’s connectivity. Key additions include the sixth Airbus A350 in April, the seventh A380 in May, and five new aircraft in July, such as the first A321LR, marking the highest monthly deliveries in Etihad’s history.
Customer satisfaction hit record highs, with improvements in airport services, onboard experiences, and digital platforms. The airline invested in premium offerings, like the A321LR’s First Class suites and lie-flat Business seats, while maintaining stable unit costs.
Etihad’s workforce grew with over 1,700 new hires in H1, including 100+ pilots and 1,000 cabin crew, plus 1,100 promotions, driving employee engagement to its peak.
Background: Building on Prior Success
This half-year triumph builds on Etihad’s full-year 2024 record profit of AED 1.7 billion (US$476 million), a threefold increase from 2023, driven by 25 percent revenue growth to AED 25.3 billion and 18.5 million passengers. Q1 2025 alone delivered AED 685 million profit, up 30 percent, with 5 million passengers and a 15 percent revenue rise.
The airline’s strategy emphasizes sustainable expansion, efficiency, and premium service, including a AED 3 billion retrofit program and Boeing order for 28 wide-body aircraft. Etihad aims for 21.7 million passengers in 2025, with potential for 24-25 million in 2026.
Leadership Perspectives
Chairman Mohamed Ali Al Shorafa highlighted Etihad’s role in Abu Dhabi’s global hub status: “With 27 new destinations launched or announced this year alone, Etihad is proud to help position Abu Dhabi as one of the most accessible and connected cities in the world.”
CEO Antonoaldo Neves emphasized execution: “We are proud to deliver another record half-year for Etihad. Our strong financial performance and continued passenger growth demonstrate the success of our strategy and the dedication of our people.” He anticipates even stronger H2 growth, ahead of strategic targets.
Public Reactions and Industry Views
Social media and industry forums buzz with praise for Etihad’s turnaround. On X, users celebrated the “record-breaking” results, with one post noting, “Etihad’s AED 1.1B profit shows UAE aviation booming—great for global travel!” Analysts from Airways Magazine and Aviation Source News hailed the 32 percent profit jump as evidence of Etihad’s leadership in sustainable growth.
Experts predict continued momentum, with Etihad’s young fleet (78 percent new-generation aircraft) supporting ESG goals and cost efficiencies. However, challenges like global supply chain issues and competition from Emirates and Qatar Airways remain.
Implications for U.S. Travelers and Businesses
For American audiences, Etihad’s success enhances transatlantic options, with routes like Boston boosting connectivity to Abu Dhabi and beyond. The profit growth could lower fares or improve services on U.S.-UAE flights, benefiting leisure and business travelers amid rising demand.
Economically, it strengthens U.S.-UAE trade ($30 billion+ annually), supporting sectors like tech and energy through cargo expansions. Politically, it aligns with U.S.-UAE partnerships, potentially aiding tourism recovery post-2024 elections. Lifestyle-wise, premium upgrades like A380 Residences appeal to luxury seekers, while tech enhancements (e.g., high-speed Wi-Fi) suit digital nomads. In sports, Etihad’s sponsorships (e.g., Manchester City) could extend to U.S. events, drawing fans.
Conclusion: A Bright Outlook for Etihad’s Growth
Etihad’s record AED 1.1 billion half-year profit caps a transformative H1 2025, propelled by passenger surges, revenue gains, and strategic investments. With fleet expansions and new routes, the airline is on track for full-year success, potentially exceeding 21 million passengers.
Looking ahead, H2 promises accelerated growth, as Neves noted: “The second half of 2025 is going to be even stronger.” For U.S. stakeholders, this bolsters reliable, premium travel options, reinforcing Etihad’s role in global aviation.