Etihad Airways posts massive loss for fourth year in a row

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Etihad Airways posts massive loss for fourth year in a row

Postby Greg on Thu Mar 05, 2020 9:57 am

Etihad Airways, the national airline of the United Arab Emirates and based in Abu Dhabi today published its 2019 financial reports. The airline reports that it was able to “drastically improve” its financial figures compared to 2018, yet the airline posts a loss of $870 million for full year 2019 (compared to a loss of $1.28 billion in full year 2018, or 32% less loss)

Etihad Airways’ financial results aren’t exactly improving as in 2017, the airline lost $1.52 billion and in 2016 even more: $1.95 billion.

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