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Etihad Airways reports first loss since 2010

Etihad Airways, one of West Asia's three largest carriers, plunged to a $1.9 billion loss last year

Reuters 

Etihad Airways, one of West Asia’s three largest carriers, plunged to a $1.9 billion loss last year, hit by impairments on aircraft and investments in troubled European airlines. The loss, which compares with a net profit of $103 million a year earlier, was the first for the Abu Dhabi-based airline since it started making money in 2011.

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First Published: Fri, July 28 2017. 02:45 IST
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