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Dh1.7 billion: Etihad Airways delivers record 9-month profit, up by 26% since last year

Etihad carried 16.1 million passengers in the first nine months of 2025 — the highest ever in its history

Published: Fri 14 Nov 2025, 4:15 PM

Continuing its record-setting performance, Etihad Airways has achieved its strongest nine-month results in history, sustaining growth across all core business areas.

For Abu Dhabi's flagship carrier, profit after tax reached Dh1.7 billion ($463 million) for the first nine months of 2025, up 26 per cent compared to the same period last year, lifting the airline’s profit margin to 8 per cent, compared to 7 per cent for the same period last year.

Total revenue rose 18 per cent year-on-year to Dh21.7 billion ($5.9 billion), supported by strong performance across both passenger and cargo segments. Passenger revenue increased 20 per cent year-on-year to Dh18.2 billion ($4.9 billion), reflecting the airline’s increased capacity and enhanced network. Cargo revenue grew 8 per cent to Dh3.2 billion ($875 million), driven by improved capacity and higher volumes (+6 per cent year-on-year).

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The performance highlights the airline's growth, rising customer satisfaction, and continued efficiency improvements.

Operating performance remained robust, with EBITDA increasing 27 per cent year-on-year to Dh4.3 billion (U.S.$ 1.2 billion), translating to an improved EBITDA margin of 20 per cent, +1pp compared to the same period last year. Strong cash generation continued, with operating cash flow reaching nearly AED 6 billion (more than U.S.$ 1.5 billion), an increase of more than 40 per cent compared to last year.

Etihad carried 16.1 million passengers in the first nine months of 2025 – the highest ever in its history – an 18 per cent increase year-on-year, supported by a 17 per cent rise in capacity and a higher load factor of 88 per cent (+1pp year-on-year).

Customer satisfaction continued to rise throughout 2025, with Net Promoter Scores (NPS) improving across all cabins and reaching record levels in premium. The new A321LR fleet has been particularly well received by guests, setting a new benchmark for comfort and service on narrow-body aircraft.

“Etihad’s performance this year has set a new benchmark, outpacing the market and driving nearly half of the UAE’s total passenger growth,” said Antonoaldo Neves, Chief Executive Officer of Etihad Airways.