Etihad limits loss to 1.7 billion

Etihad limits loss to 1.7 billion

by | Mar 4, 2021 | Airlines | 0 comments

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, the airline said on March 4....
IAG produces 6.9 billion loss in 2020

IAG produces 6.9 billion loss in 2020

by | Feb 26, 2021 | Airlines | 0 comments

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 to a EUR 1.715 billion profit...