Etihad Airways has reported its strongest-ever half-year performance, delivering record profitability and passenger numbers in the first six months of 2025. The results showcase continued momentum in network expansion, operational efficiency, and enhanced customer experience.

The highlights: 

Profit after tax rose 32 per cent to AED 1.1 billion (USD 306m), while EBITDA margin reached 20 per cent on the back of strong operating performance and efficiency gains

Consistently strong customer satisfaction ratings maintained across the different touchpoints

Passenger numbers rose 17 per cent to 10.2 million in H1 2025, with passenger load factor improving to 87 per cent (+2 pp year-on-year). Reached 20 million passengers carried on a 12-month rolling basis in early July

Operating fleet surpassed 100 aircraft, with over 20 additional aircraft in the last 18 months

Total revenue grew 16 per cent year-on-year, reaching AED 13.5 billion (US$ 3.7 billion), driven by both passenger and cargo business

Passenger revenue reached AED 11.3 billion (US$ 3.1 billion), supported by network expansion and passenger demand momentum

Cargo revenue rose 9 per cent year-on-year, driven by mild increases in both capacity and yield

Strong revenue and productivity and efficiency gains boosted EBITDA by 24 per cent year-on-year to AED 2.7 billion (US$ 739 million), with EBITDA margin at 20 per cent (+1pp year-on-year)

Strong cash generation, with operating cash flow reaching almost AED 4.0 billion (more than US$1 billion), an increase of 27 per cent year-on-year

Capacity continued to expand, with ASK growing by 14 per cent year-on-year due to additional aircraft and higher utilisation

Strong network with almost 90 destinations operated as of June 2025, and almost 30 new routes launched or announced so far in the last 12 months, including year-round and seasonal services.