Etihad Airways Takes Off Toward a Billion-Dollar IPO

The Abu Dhabi-based airline had a stellar 2024, raking in Dh1.7 billion in profit more than triple the previous year. They also flew 18.5 million passengers, a 32% jump, with revenues soaring to nearly $6.9 billion.

So, what’s the plan? With the IPO, Etihad is looking to fuel its ‘Journey 2030’ vision, which involves expanding its network to over 125 destinations and growing its fleet beyond 160 aircraft. With air travel booming and investors circling, this IPO is shaping up to be one of the biggest aviation stories of the year.