Skip to main content

Etihad Airways reports massive decrease in passenger flights

The number of passengers served and passenger flight revenues went down for the Abu Dhabi-based airline in the second quarter of 2020.
An airport personnel wearing a protective face mask, serves a passenger behind plexiglas at the Etihad check-in counter at Belgrade's airport on May 21, 2020, as Serbia's national carrier, Air Serbia, and United Arab Emirates' Etihad Airways resume commercial flights following the government's easing of lockdown measures against the spread of the novel coronavirus, COVID-19, pandemic. - With limited number of flights, air travel has resumed at Serbia's main airport after the authorities approved the airport

Etihad Airways experienced large decreases in passenger flight revenues in the second quarter of 2020 amid the COVID-19 pandemic. The Abu Dhabi-based airline is still flying regularly despite recent financial struggles resulting from the downturn in global travel.

Etihad’s passenger revenues decreased from $950 million in the first quarter all the way to $60 million in the second quarter of 2020, which corresponds to April, May and June. The number of passengers decreased from 3.43 million to just 30,000 across the quarters, according to a press release.

The airline did not report losses in every area. Cargo revenue increased from $170 million to $320 million in the second quarter, Etihad said.

Etihad has experienced financial difficulties during the coronavirus crisis and cut hundreds of jobs in May. In March, all airlines in the United Arab Emirates suspended regularly scheduled international passenger flights, leading to revenue losses. Etihad continued to offer humanitarian and repatriation flights during this time. In June, Etihad resumed normal international flights.

The Gulf carrier now flies to more than 50 destinations, which constitutes roughly half of its pre-virus network. Etihad also began operating a joint venture with the budget carrier Air Arabia in July.

Emirati airlines are trying to mitigate the virus’ spread as they fly. All travelers entering the United Arab Emirates must now show a negative COVID-19 test taken within 96 hours of the flight before they are able to board. This includes passengers who are transiting.

Other Gulf airlines, including the Dubai-based Emirates, have also experienced losses and job cuts during the crisis.

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Already a Member? Sign in


The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.


What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial
What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

Text Alerts - Be the first to get breaking news, exclusives, and PRO content.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

We also offer team plans. Please send an email to and we'll onboard your team.

Already a Member? Sign in

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial