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Etihad Airways loses $1.28 billion in 2018, its third straight year of losses

Abu Dhabi's Etihad Airways said on Thursday it lost $1.28 billion in 2018. Since 2016, Etihad has lost a total of $4.75 billion. Etihad reported losses of $1.52 billion for 2017 and $1.95 billion in 2016. The airline reported revenues of $5.86 billion in 2018, down from $6 billion in 2017. It flew 17.8 million passengers in 2018, down from 18.6 million the year prior. Etihad Airways also 24%stake in India’s Jet Airways.

Read More at Moneycontrol News date : 15 Mar 2019, Friday

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