The matrix · Q4 2025 → Q4 2026
| EYEtihad AirwaysAUH · Abu Dhabi | QRQatar AirwaysDOH · Hamad Intl | EKEmiratesDXB · Dubai Intl | ETEthiopian AirlinesADD · Addis Ababa | |
|---|---|---|---|---|
| Capacity (seats) | +21% | −1.4% | +0.9% | +4.2% |
| ASK growth | seat-led* | +0.4% | +1.9% | +6.2% |
| Network change | +16 net routes 30 new destinations |
Rebalanced east HIA slot-constrained |
Frequency-led few net new points |
7 new cities Africa + Asia push |
| Signature move | A321LR thin long-haul premium-leisure build |
Shanghai +97.8% SFO −42.4% |
Tehran exit (70k seats) Helsinki new |
Luanda NBJ +398% frequency surge |
| Fleet shift | A321LR inducting widebody backbone |
777X awaited A350 core |
A350 share doubles 777 retrofit |
B777-200LR phase-out A350 / 787 growth |
| Headline result | $698M net profit FY25 · 22.4M pax |
Capacity discipline premium yield focus |
Record profits scale leader |
Pan-African hub fastest seat growth here |
EY
Etihad Airways
+21% capacity, 30 new routes, A321LR strategy and the FY25 return to profit — plus a live FR24 snapshot.
Open EY deep-dive →
QR
Qatar Airways
A −1.4% seat trim that hides a sharp eastward rebalance — Shanghai doubled, SFO halved, HIA at capacity.
Open QR deep-dive →
EK
Emirates
Frequency-led +0.9%: Tehran exit, Helsinki launch, an Africa surge and a doubling A350 fleet share.
Open EK deep-dive →
ET
Ethiopian Airlines
Africa's growth engine: +4.2% seats, +6.2% ASK, 7 new cities, Luanda +398% and a 777-200LR phase-out.
Open ET deep-dive →
NOTE — Comparison built from the same Cirium Q4 2025 vs Q4 2026 schedule analysis behind each carrier's deep-dive page, plus the EY FY 2025 Annual Report. Figures are seat/ASK deltas and signature route moves, not a full revenue model.
*EY capacity growth is seat-led; an ASK figure is not separately published on the deep-dive. For crew reference only — verify ZED travel in OSS / IDTGR.
*EY capacity growth is seat-led; an ASK figure is not separately published on the deep-dive. For crew reference only — verify ZED travel in OSS / IDTGR.