• Etihad Airways' net profit in 2024 soared to $476 million, more than tripling, fueled by $5.7 billion in passenger revenue, $1.1 billion in cargo earnings, and improved operational efficiency. While the airline did not confirm IPO plans, sources suggest it may sell a 20% stake this quarter as Abu Dhabi ramps up efforts to position itself as a global travel hub. The UAE capital is investing heavily in tourism and aviation as part of its strategy to diversify away from oil.

• Following years of restructuring and management changes, Etihad is aggressively expanding its network, adding over 20 new routes in 2023 and aiming to serve more than 125 destinations by 2030. The opening of the multibillion-dollar new terminal at Zayed International Airport in 2023 has tripled annual capacity to 45 million passengers, further supporting the airline’s ambitious growth plans.