Etihad Airways recorded a net loss of $1.87 billion for 2016, reversed from a net profit of $103 million in 2015. The Abu Dhabi-based carrier made the loss on revenues of $8.36 billion, down from $9 billion for the preceding year. Etihad said exceptional charges were major factors behind the huge deficit and its core airline operation had turned in a “solid performance.” Impairments totaling $1.9 billion included a $1.06 billion charge on aircraft, reflecting lower market ...

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