1.7 billion dirhams Etihad Airways in 2024

Etihad Airways announced today its financial results for the year 2024, achieving exceptional performance in all the main indicators.

The net profits after the tax amounted to 1.7 billion dirhams ($ 476 million), driven by traveler passenger revenues, which amounted to 20.8 billion dirhams ($ 5.7 billion), and shipping revenues that recorded 4.2 billion dirhams (1.1 billion US dollars), in conjunction with significant improvements in Operating efficiency.

Etihad Airways moved 18.5 million passengers during the past year 2024, achieving 32% growth compared to the previous year, in an indication of strong and sustainable demand through its expanding network.

The growth came supported by an annual increase of 28% in the available seat capacity per kilometer, in addition to the improvement of the seat occupancy factor for the passengers of travelers, which amounted to 87% in the fiscal year 2024, compared to 86% in the previous year.

The total revenue witnessed 25% growth year on an annual basis to reach 25.3 billion dirhams “6.9 billion dollars”, thanks to the strong performance in the traveler and shipping sectors.

Travelers ’revenues increased by 4.2 billion dirhams, or 25% compared to 2023, and shipping revenues also recorded 24% compared to last year, driven by increasing capacity and increased volume of transferred shipping as the tons of shipping increased by 12%, in addition to improving revenues in half The second of the year.

In 2024, Etihad continued to expand its operations, as it raised the number of its weekly flights to more than 1,700 flights, and the pace of flights increased on 25 tracks within its operating network during the past two years, and launched more than 20 new destinations.
The Etihad Airways fleet witnessed continuous expansion, as 12 new aircraft, including six A320 NEO aircraft, which represents a new addition to the fleet, were added, as well as the restart of the Fifth A380, which enhances the company’s operating capacity and its ability to meet the increasing demand.

More than 200 improvements have been carried out on the website and the mobile app, which provides a smooth and integrated digital experience for guests.

The number of members of the loyalty program “Guest of the Union” reached 10 million, which reflects the increasing interaction with the program’s advantages.

The number of Etihad Airways has increased to more than 11 thousand employees, with more than 2,000 new employees employing, and the promotion of more than 1,500 employees within the various departments.

The initiatives to attract national talent witnessed a remarkable progress, as more than 70 Emirati pilots have successfully trained their training program, while the latest training programs for pilots attracted more than 3,000 requests for enrollment, and today, Emirati citizens represent 20% of the workforce in Etihad Air.

Mohamed Ali Al -Shurafa, Chairman of the Etihad Board of Directors, said that the dedication of our team strengthened the position of Etihad Air, which contributed to raising the levels of operational efficiency, with the continuous commitment to improving the exceptional guest experience.

He added that while we continue to expand our network and enhance our services, we confirm our commitment to linking more travelers to Abu Dhabi, and supporting the emirate’s tourism aspirations, in order to see our vision to be the airline that everyone is looking to travel on its flights around the world.

“We will continue to strengthen the position of the union as a fiscal flying company, providing exceptional travel experiences for its guests, achieving the goals of its shareholders, and contributing to the prosperity of the UAE in the long run.”