Finance
Etihad first-half profit best yet on global expansion, passenger growth
Published by Global Banking & Finance Review®
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Etihad Airways achieved a record first-half profit of 1.12 billion UAE dirham, driven by global expansion and a 17% increase in passengers.
(Reuters) -Abu Dhabi's Etihad Airways first half was its most profitable yet, the company said Wednesday, as its net profit reached 1.12 billion UAE dirham ($304.96 million), up 32% year-on-year.
Etihad carried 10.2 million passengers in the six months ending June 30, a 17% increase from the previous year, even as regional tensions - including June's 12-day air war between Israel and Iran - affected airlines across the Middle East.
Chairman Mohamed Ali Al Shorafa attributed the airline’s growth to its international expansion, which included the launch or announcement of 27 new destinations since January and the addition of 20 aircraft over the last 18 months.
On Tuesday, chief executive Antonoaldo Neves told Reuters that the carrier was ready for an initial public offering, but had no immediate plans to go public and had sufficient resources to independently fund its $20 billion expansion strategy for the next 10 years.
($1 = 3.6726 UAE dirham)
(Reporting by Luke Tyson; editing by Barbara Lewis)
Net profit is the amount of money that remains after all expenses, taxes, and costs have been subtracted from total revenue. It is a key indicator of a company's profitability.
An initial public offering (IPO) is the process through which a private company offers shares to the public for the first time, allowing it to raise capital from public investors.
Passenger growth refers to the increase in the number of passengers traveling by an airline or within the aviation sector over a specific period, indicating demand and performance.
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