Visit Atlantic City

Published on Friday, March 5, 2021

Etihad reports USD1.7 billion annual loss

Abu Dhabi based Etihad Airways is still targeting a 2023 return to profit after posting a loss of $1.7 billion for 2020. Annual operating revenue fell 52% to $2.7 billion and passenger traffic was way down by 76% to 4.2 million.

It is the airline's fifth annual loss on the bounce as it spent big to compete on market share with Gulf rivals Emirates and Qatar Airways. It has accumulated losses of about $7.3 billion since 2016.


Read full story

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Have you seen a surge in demand for US trips?


UKinbound are in Manchester for the Annual Convention - What can you expect?

Qatar moved from red to amber list: Phil Dickinson details the growth plans for the destination

Japan - The bucket list destination - five experts describe a life in the day of a visitor

Lonely Planet launch UK Road trip Guide

Ottawa - Capital of Canada is open for business and ready for visitors