Etihad Airways Says It Lost $1.87 Bn In 2016
Abu Dhabi’s Etihad Airways said Thursday it posted a $1.87 billion loss last year, hit by “one-off” impairments on aircraft and investments in troubled Alitalia and airberlin. The government-owned carrier said total impairments amounted to $1.9 billion, including a $1.06 billion “charge on aircraft, reflecting lower market values and the early phase out of certain … Read more