Abu Dhabi, United Arab Emirates: Etihad Airways delivered its strongest financial and operational performance in the airline’s history for the full year 2025, marking robust growth, network expansion and enhanced customer experience, the carrier announced on 24 February 2026.
The Abu Dhabi-based flag carrier reported a profit after tax of AED 2.6 billion (US $698 million), a 47 % year-on-year increase compared with 2024. This marked the airline’s fourth consecutive year of profitability and reflected sustained demand across global markets.
Etihad carried 22.4 million passengers in 2025, up 21 % year-on-year, supported by a 21 % increase in capacity and available seat kilometres (ASK) of 111.5 billion. Passenger load factor improved to 88.3 % (+2 percentage points), illustrating strong demand across its international network.
Total revenue rose 21 % year-on-year to AED 30.7 billion (US $8.4 billion), driven by both passenger and cargo operations. Passenger revenue jumped 24 % to AED 25.8 billion (US $7.0 billion), while cargo revenue increased 8 % to AED 4.5 billion (US $1.2 billion), supported by higher capacity and cargo volumes that grew 9 % to more than 700,000 leg tonnes.
Operating performance strengthened significantly. EBITDA climbed 37 % year-on-year to AED 6.3 billion (US $1.7 billion), resulting in a 20 % EBITDA margin (+2 percentage points). Etihad’s profit margin improved to 8.4 % (+1.5 percentage points), more than double the global airline industry average of 3.9 %, according to IATA estimates.
Strong cash generation remained a hallmark of the year, with operating cash flow approaching AED 8.0 billion (more than US $2 billion). This enabled the airline to fully fund its capital expenditure requirements and reduce debt.
Etihad expanded its operating fleet to 127 aircraft, the largest in its history, with 29 aircraft added during 2025. The enlarged fleet supported growth across Europe, Asia, Africa and North America.
The airline’s network grew from 94 to 110 destinations, bolstering global connectivity and reinforcing Abu Dhabi’s positioning as a major aviation hub.
Etihad’s growth helped drive tourism to Abu Dhabi. Point-to-point traffic rose by 900,000 passengers to 5.5 million compared with 2024, while the stopover visitor count more than doubled to 170,000. The airline accounted for approximately 50 % of total passenger growth across UAE carriers in 2025, highlighting its central role in the nation’s air travel sector.
Etihad continued investing in customer experience with product upgrades across cabins, digital enhancements and expanded services. Overall net promoter scores improved year-on-year. The airline also received more than 25 international awards for customer experience, safety and operational performance.
Throughout 2025, Etihad welcomed more than 3,200 new employees and promoted around 2,200 staff, including new cabin crew and pilots, further strengthening its operational capabilities.
Antonoaldo Neves, Chief Executive Officer of Etihad Airways, said, “2025 has been a defining year for Etihad, delivering our strongest performance across every key metric and marking our fourth consecutive year of profitability. These results confirm that our strategy is working, growing sustainably, strengthening our financial position, and continuing to deliver a high-quality experience for our guests.”
With a strengthened financial position, an expanded fleet and a broader global footprint, Etihad enters 2026 poised for continued growth, deeper market penetration and ongoing contribution to Abu Dhabi’s economic and tourism strategies.
