Tag: Loss

Etihad Posts $1.5 Billion Loss for 2017 on Partners’ Failures

Reading Time: 2 minutes Etihad Airways improved its core operating performance by 22% in 2017, despite facing challenges including significant fuel cost increases, the entry into administration of its equity partners Alitalia and airberlin, and initial investment in a comprehensive business transformation programme. The airline increased revenues from core operations by 1.9% to US$ 6.1 billion (2016: US$ 5.9 billion), […]