Etihad Airways Delays IPO to 2Q25, Eyes $1 Billion Raise

Etihad Airways has postponed its highly anticipated initial public offering (IPO) to the second quarter of 2025, with plans to launch after the Eid al-Fitr holiday on March 30, according to sources reported by Reuters. Initially expected to be announced by the end of February, the delay has pushed the timeline, although the reasons behind this decision remain unclear, with the airline refraining from commenting on the matter.

The upcoming IPO is set to offer 2.7 billion primary shares, which will open up to a 20% stake for new investors. Through this public offering, Etihad aims to raise $1 billion, targeting both domestic and international investors. This move could mark a significant milestone, as Etihad would become the first Gulf carrier to go public in nearly two decades, the last being Kuwait’s Jazeera Airways in 2008.

Currently owned entirely by Abu Dhabi’s sovereign wealth fund ADQ, Etihad’s step towards going public is watched closely by the industry, reflecting a significant shift in the financial strategy of the airline and potentially setting a precedent for other carriers in the region. The IPO not only aims to bolster Etihad’s capital but also to solidify its competitive stance in the global aviation market, following the trend of increased transparency and public investment interest in the airline industry. As the date approaches, the market awaits further details on how Etihad will navigate this financial milestone amidst a dynamic economic landscape.

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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com