Aviation Etihad Airways’ profit more than triples to almost $500m By Reuters February 19, 2025, 3:38 PM Pexels/Jeffry SS Etihad's profit growth came on the back of almost $6 billion in passenger revenue Etihad Airways’ net profit more than tripled last year to $476 million, the company said on Wednesday as the carrier pushes ahead with plans for an initial public offering. The earnings were boosted by $5.7 billion in passenger revenue and $1.1 billion in cargo revenue, the company said, also citing “significant operational efficiency improvements”. “Looking ahead, I am confident we will continue to be a financially strong airline,” CEO Antonoaldo Neves said in a statement. Etihad Rail train to link Abu Dhabi and Dubai in 30 minutes Wizz Air Abu Dhabi predicts slower growth Aircraft shortages lead Gulf carriers to brace for disruption Last month, Etihad was sounding out investors ahead of a potential offering to local and international investors this quarter, sources previously told Reuters. The state-owned airline is looking at a potential stake sale of around 20%, the sources said. The company did not mention listing plans in its earnings statement.
