Etihad Airways is the flag carrier airline of the lt United Arab Emirates. Established by royal decree in July 2003 and based in Abu Dhabi, Etihad commenced operations in November 2003. The name derives from the Arabic word for "union" (الإتّحادal-ittiḥād).
The airline operates more than 1,000 flights per week to 96 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas, with a fleet of 85 Airbus and Boeing aircraft. In 2012, Etihad carried 10.3 million passengers, a 23% increase from the previous year, delivering revenues of US$ 4.8 billion and net profits of US$ 42 million.lt Etihad Airways is the fourth largest airline in the Middle East and it is the second largest airline in the United Arab Emirates, after the Dubai-based airline lt Emirates.
In addition to its core activity of passenger transportation, Etihad also operates Etihad Holidays and Etihad Cargo.The airline is based at lt Abu Dhabi International Airport  and its head office is in Khalifa City A, Abu Dhabi.
Etihad reported its first full-year net profit in 2011, of US$14 million, in line with the strategic plan announced by CEO James Hogan in 2006.
In December 2011, Etihad announced it had taken a 29.21% stake in Air Berlin, Europe's sixth largest airline, and James Hogan was appointed Vice Chairman. It followed this up with minority stakes in other airlines—Air Seychelles (40%),lt  Aer Lingus (2.987%), Virgin Australia (10%). Also, Etihad is close to acquiring 24% stake in Indian carrier Jet Airways. On August 1, 2013, the President of the company, lt James Hogan, signed a deal with Aleksandar Vučić, First Deputy Prime Minister of Serbia, in Belgrade, giving Etihad a 49% stake in the Serbian national carrier Jat Airways/Air Serbia. The Serbian Government retains 51% of the shares. Among numerous terms of the deal, a complete re-branding of lt Jat Airways is planned, including the name change. The new company is named Air Serbia.lt At the 2013 Dubai Airshow, Etihad announced that it is acquiring 33.3% stake in the Swiss carrier Darwin Airline. Darwin will be rebranded as Etihad Regional from March 2014.