Overview
- CEO Antonoaldo Neves told Reuters the airline is prepared for an IPO but said the time has not come yet and no timeline is set.
- Management is prioritizing organic growth through Abu Dhabi’s hub, with mergers and acquisitions excluded from its current mandate.
- Etihad reported a 17% year-on-year rise in passenger traffic and an 88% load factor, with bookings rebounding by late July after a regional conflict slowdown.
- The carrier confirmed an order for 28 Boeing wide-bodies, including 777X jets slated to arrive after 2030 to replace its Airbus A380 fleet.
- Near-term capacity could come from lessors or the secondary market as the airline looks beyond direct orders with manufacturers.