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

etihad, plane, flight
An Etihad Airways plane takes off
Reuters
Last Updated : Jul 28 2017 | 2:45 AM IST
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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