Etihad Airways will invest $10 billion in new aircraft over the next five years as part of an accelerated expansion strategy that raises the airline’s fleet target to 200 jets by 2030, up from the previously planned 170. The announcement was made by Etihad Group CEO Antonoaldo Neves during the Dubai Airshow 2025.
Neves said the airline will allocate $2 billion annually toward new aircraft purchases and expects an additional $37 billion to come from Etihad’s own cash flow generation, enabling the carrier to finance its growth without external funding.
Despite ongoing speculation about a potential IPO in 2026, Neves confirmed that Etihad is already prepared to go public but emphasized that the company does not require public listing to support expansion. “We could go public anytime,” he said. “But that is not an objective right now. Companies usually go public to finance growth — and we don’t need that.”
Etihad, fully owned by Abu Dhabi sovereign investor ADQ, continues to show strong performance, recording 20% year-on-year growth and a 25% increase in September.
As part of its fleet expansion, the airline plans to add 20 new aircraft each year in 2025 and 2026. At the airshow, Etihad confirmed an order for 32 Airbus widebody aircraft, following a previous order of 28 Boeing widebody jets earlier this year.