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Tag 2020 results

Etihad limits loss to 1.7 billion

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Despite a three-month grounding from March to June 2020 and the negative effects of many travel restrictions to and from Abu Dhabi, Etihad Airways limited its losses to just $-1.7 billion. This compares to a $0.8 billion profit in 2019 ,…

IAG produces 6.9 billion loss in 2020

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While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared…