Etihad Airways makes $1.8 billion loss in 2016 financial year

Etihad Airways has made a loss of $1.87 billion in the 2016 financial year due to falling yields, aircraft impairments and equity investments. The loss compares to a $103 million profit in the 2015 financial year, with major costs including $1.06 billion charges on aircraft, reflecting lower market values and the early phase out of […]