Etihad CEO Warns of Potential Airfare Hikes Due to Rising Fuel Costs

Sep 14, 2026

57 min

Sep 14, 2026 09:30

“Jet fuel keeps me awake”: Etihad CEO warns higher fuel costs could hit airfares next year

## Rising Fuel Costs Etihad Airways CEO Antonoaldo Neves has expressed concerns over the rising cost of jet fuel, which could lead to increased airfares next year. Despite strong demand and high load factors, with flights reaching 92% capacity last month, Neves is worried about the impact of fuel prices on ticket costs.

## Fleet Expansion Etihad is rapidly expanding its fleet, expecting to double its aircraft count to around 140 by the end of the year. This growth includes the addition of narrow-body aircraft like the A321LR, which are crucial for increasing route frequencies and efficiency.

## Market Challenges The airline faces challenges from global fuel price volatility, influenced by geopolitical factors such as the situation in Russia and Ukraine. While Etihad uses fuel hedging to mitigate some risks, sustained high prices could still affect profitability and fare pricing.

## Future Growth Etihad plans to focus on expanding its network in China and Africa next year. The airline is also enhancing its premium segment, unveiling new seats and customer experiences. Despite current challenges, Etihad aims to generate strong cash flow and maintain a robust financial position.

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