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Etihad CEO Says Airline Discounts Tickets Despite 70% Fuel Jump

Etihad Airways CEO Antonoaldo Neves said the carrier is discounting tickets by keeping fares stable despite a 70% jump in fuel costs, and is working to secure delivery dates for new aircraft from Boeing and Airbus.

June 8, 2026
2 min read
Source: Bloomberg
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Key Numbers

fuel cost increase
70%

Etihad Airways CEO Antonoaldo Neves told Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro that the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also discussed securing delivery dates for new aircraft from Boeing (BA) and Airbus SE.

Details

Neves explained that the current pricing strategy aims to maintain competitive fares and attract travelers despite significant cost pressures. He noted that the airline has absorbed part of the fuel cost increase through operational efficiency improvements.

Context

The announcement comes amid a global surge in jet fuel prices, squeezing airline profit margins. Etihad Airways, based in Abu Dhabi, is one of the largest carriers in the Middle East.

What It Means for Investors

Keeping fares stable despite rising costs raises questions about the airline's ability to maintain profitability. Securing delivery dates for new Boeing and Airbus aircraft will be critical for future expansion plans.

Frequently Asked Questions

The airline aims to maintain competitive pricing and attract travelers, while improving operational efficiency to absorb some of the cost increase.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.