Etihad Airways has reported a 30% year-on-year increase in first-quarter profit after tax, reaching 685 million dirhams ($186.52 million), driven by strong travel demand and enhanced operational efficiency.
The airline’s total revenue grew 15%, supported by robust performance in both passenger and cargo segments.
✈️ Passenger Segment Growth
Passenger revenue rose 16% to 5.5 billion dirhams ($1.5 billion). This growth was attributed to:
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Increased seating capacity
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Continued network expansion
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More frequent flights on key routes
📦 Cargo & Efficiency
The cargo division also contributed to the solid performance, as the airline leveraged logistical demand. Combined with improved cost control and route optimization, Etihad delivered record profitability and customer satisfaction.
🗣️ Executive Remarks
“We are proud to deliver a record-breaking quarter – both in profitability and in guest satisfaction,”
— Antonoaldo Neves, CEO of Etihad Airways