Etihad Airways was created by royal decree in July 2003. It is the flag carrier of the United Arab Emirates, meaning the airline that represents the country abroad. Its home is Abu Dhabi. Flying began that November with a service to Beirut. Wealth from the emirate let it grow at great speed. At the 2008 Farnborough Air Show it ordered up to 205 aircraft.
That order was among the largest in history at the time. Chief executive James Hogan then tried an 'equity alliance'. Etihad bought shares in other airlines so their passengers would travel through Abu Dhabi. It took stakes in Air Berlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, and Virgin Australia. The plan came apart late in the 2010s, when Air Berlin, Alitalia, and Jet Airways all collapsed.
Billions in losses forced a deep retreat. The A380s were parked, orders were trimmed, and direct routes took priority. In 2023 chief executive Antonoaldo Neves launched 'Journey 2030', a plan to double the fleet and the number of passengers. A380s came back for London and New York. Etihad also moved into the new Zayed International Airport terminal, and it sold shares to the public in Abu Dhabi in 2025.