• Etihad Airways data US$1.7bn loss for 2020 | Information

    Etihad Airways has reported an working lack of US$1.7 billion for monetary 2020, accelerating the losses of US $0.8 billion seen final 12 months. The Abu Dhabi flag-carrier blamed the Covid-19 for its deteriorating fortunes. The airline noticed a 76 per cent fall in passengers carried all year long, all the way down to 4.2 million from 17.5 million in 2019. This was a results of decrease demand and diminished flight capability attributable to the unparalleled world downturn in business aviation, the provider mentioned. Whole passenger capability was diminished by 64 per cent in 2020 to 37.5 billion obtainable seat kilometres, down from 104 billion in 2019, with the seat…