Jul 27, 2017 SOURCE: AFP
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...
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