UAE airline Etihad announces loss of $1.87B in 2016

DUBAI, United Arab Emirates — The United Arab Emirates’ flagship carrier Etihad said Thursday it lost $1.87 billion in 2016, blaming “one-off impairment charges and fuel hedging losses” for the massive loss. The Abu Dhabi-based airline’s loss comes during a tough time for the Gulf’s long-haul carriers, as a diplomatic crisis with Qatar upended regional…

http://nationalpost.com/pmn/news-pmn/uae-airline-etihad-announces-loss-of-1-87b-in-2016/wcm/98d7d242-90d4-4afe-a2e3-d73c3ab01a60

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Author: MA Consultancy / WelshBiz

Web Marketing Agency & UK Business and Sports News Blogger via regional and national business and sports news blogs and linked social media accounts.

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