Etihad Airways recorded a “core loss”—equivalent to operating loss for its day-to-day airline operations—of $1.5 billion in 2017, narrowed from $1.95 billion in 2016. The Abu Dhabi-based airline, which does not publish net profit/loss figures, cited the respective collapse and entry into administration of equity partner airlines airberlin and Alitalia, a subsequent restructuring and rising fuel costs for the results. The loss was made on turnover that inched up 1.9% ...

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