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Etihad Airways nine-month profit up 26% as passenger revenue jumps

Last Updated: November 14, 2025 15:51:14 IST

ABU DHABI (Reuters) -Etihad Airways reported a nine-month profit of 1.7 billion dirhams ($463 million) on Friday, up 26% year-on-year, driven by higher revenue in both its passenger and cargo businesses. Passenger revenue increased 20% in the nine-month period to 18.2 billion on increased capacity and an expanded network, while cargo revenue rose 8%. Total revenue was up 18% to 21.7 billion dirhams. Abu Dhabi-headquartered Etihad had an operating fleet of 115 aircraft as of September 2025, adding 19 aircraft from the prior-year period. The airline's load factor – a measure of how well it fills seats – stood at 88%. CEO Antonoaldo Neves said the company's focus would remain on efficiency and performance. Etihad, owned by Abu Dhabi's $225 billion ADQ wealth fund, does not have a timeline for going public as it has enough resources to "self-fund" its $20 billion growth plans for the next decade, Neves told Reuters in September. The company could raise $1 billion from any planned IPO. Etihad, which started operations in 2003, has been through a multi-year restructuring and management shake-up, but has expanded under Neves. ($1 = 3.6729 UAE dirhams) (Reporting by Rachna Uppal. Editing by Mark Potter)

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