Thursday, 14 March 2019

#AbuDhabi's Etihad Airways posts $1.28 billion loss in 2018 | Reuters

Abu Dhabi's Etihad Airways posts $1.28 billion loss in 2018 | Reuters:

Abu Dhabi’s Etihad Airways reported on Thursday its third consecutive annual loss in 2018, blaming challenging market conditions and the effects of an increase in fuel prices. 


Etihad’s net loss narrowed to $1.28 billion for last year, from $1.52 billion in 2017, it said in a statement.

The airline reported revenues of $5.86 billion in 2018, it said in a statement.

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