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Airplanes and results. Etihad Airways reports net loss for 2016

Abu Dhabi, UAE - One-off impairments impact bottom line while passenger revenues remain stable

Etihad Airways today announced its 2016 financial results, recording a net loss of USD 1.87 billion on USD 8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline. The core carrier business achieved steady passenger revenues of USD 4.9 billion and 79% load factors while carrying a record 18.5 million passengers. Available...

fra/pec - 1206099

AVIONEWS - World Aeronautical Press Agency
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