Etihad Airways Has Amassed $4.8 Billion in Losses

Source: Travel News

Natalie Naccache  / Bloomberg

Attendees walk passed an Airbus SE A380 passenger aircraft, operated by Etihad Airways PJSC, as it stands on the tarmac during the 15th Dubai Air Show at Dubai World Central (DWC) in Dubai, United Arab Emirates, on Monday, Nov. 13, 2017. The biennial Dubai expo is an important venue for both manufacturers to secure deals for their biggest and most expensive jetliners. Natalie Naccache / Bloomberg

Skift Take: Out of annual revenue of $5 billion, $4.8 billion in losses is a lot to have piled up over the years. State-backed Etihad must fix its business model built around both hubs in a volatile region and its investment stakes in troubled carriers.

— Sean O’Neill

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Etihad Airways Has Amassed .8 Billion in Losses