Etihad Reports Another Massive Loss For 2018
The bad news for Etihad Airways never seems to stop. The airline just reported a $1.28 billion loss for 2018. It’s the third consecutive annual loss for the Abu Dhabi-based carrier, even after it made significant cuts to operational costs and aircraft orders.The airline lost $1.87 billion in 2016 and $1.52 billion in 2017. The loss is lower than in previous years, but revenue also fell, from $6 billion in 2017 to $5....