Etihad Airways reports record $476M profit as passenger numbers soar

Etihad's capacity, measured in available seat kilometers (ASK), grew by 28%, while passenger load factors improved slightly to reach 87%. Total revenue rose by 25% to AED25.3 billion ($6.9 billion). The expansion was driven by robust performances in both passenger and cargo sectors.

At the end of the year, Etihad operated flights to 80 destinations with a fleet comprising 97 aircraft, including five freighters.

Mohammed Ali Al Shorafa, chairman of Etihad Airways, expressed gratitude towards employees and guests who contributed to this success: “As we expand our network and enhance our offerings, we remain focused on connecting more people with Abu Dhabi and supporting the Emirate’s tourism ambitions.”

CEO Antonoaldo Neves highlighted employee dedication as key to these results: “Their efforts have driven improvements in customer satisfaction... Equally, they have delivered sustainable, profitable growth while maintaining disciplined efficiency.”

In January alone, Etihad carried 1.7 million passengers with an average load factor of 89%, up from January's figures last year.

Neves remains optimistic about future performance: "I am confident that the airline would continue to be financially strong... contribute to the long-term prosperity of the United Arab Emirates (UAE) in 2025."