Abu Dhabi's Etihad Airways posted a loss in 2018 for the third year running, it said Thursday, blaming investment losses and challenging market conditions.
The airline, which has been undergoing restructuring since late 2017, said it had narrowed its losses in 2018 to $1.28 billion, from $1.52 billion the previous year.
Along with its 2016 losses, that adds up to total losses of $4.67 billion over three years, prompting the company to scrap dozens of orders on aircraft.
Established in 2003 by the oil-rich Gulf emirate's government... Читать дальше...