Skift Take
The comments from Antonoaldo Neves suggest that the UAE national airline is taking the possibility of an IPO very seriously.
Etihad Airways is profitable again and a turnaround program is progressing well. Could an IPO be next?
It's one of the hottest questions in the aviation industry right now after a Bloomberg report suggested a public listing could be on the cards.
On Wednesday, the UAE national carrier posted a decent set of financials for 2023. Passenger numbers and revenue were both up strongly. While it wasn’t industry-leading profitability, Etihad’s performance represented a huge turnaround from its pre-pandemic doldrums.
Speaking to CNBC on Wednesday morning, Antonoaldo Neves, Etihad Group CEO, said it made good business sense to be pre