By Suleman Chitera
ABU DHABI — Etihad Airways expects to return to pre-war passenger traffic levels and operational capacity this summer following travel disruptions caused by the Iran conflict, with the airline also planning to keep airfares stable despite rising fuel costs.
Etihad Chief Executive Officer Antonoaldo Neves said the Abu Dhabi-based carrier anticipates operating 10 percent more capacity by mid-June compared to the same period last year. He added that booking trends indicate demand will continue to strengthen, with a full recovery expected by August.Israel-Iran war: Big trouble for Israel days after airstrikes as Iran reaches closer
The conflict in the region temporarily affected air travel as airlines adjusted routes and schedules amid heightened security concerns. However, Etihad remains optimistic that passenger confidence and travel demand will rebound during the peak summer season.
Neves noted that the airline’s fuel hedging strategy has helped protect the company from the sharp rise in jet fuel prices, which account for approximately 30 percent of Etihad’s total operating costs.
Despite increasing fuel expenses, the airline has no immediate plans to raise ticket prices, a move that could help maintain strong passenger demand in a highly competitive market.Americans Turn Against Trump’s Iran War as Economic Pain Deepens
The broader aviation industry continues to face challenges from escalating fuel costs. According to the International Air Transport Association (IATA), airlines worldwide are expected to absorb an additional $100 billion in fuel expenses this year, with average jet fuel prices projected to be about 70 percent higher than the previous year.
Industry analysts say airlines with effective fuel hedging programmes and strong financial positions are better placed to withstand market volatility and maintain competitive pricing.
Etihad’s recovery outlook reflects growing confidence in global travel demand, particularly in the Middle East, where airlines are expanding networks and increasing capacity to meet rising passenger numbers.Iran war live: US strikes Iranian site; Kuwait targeted by missiles, drones
As the summer travel season gains momentum, Etihad’s performance will be closely watched as an indicator of the aviation sector’s resilience amid geopolitical and economic challenges.