The respective collapse and entry into administration of Etihad Airways’ equity partner airlines airberlin and Alitalia, a subsequent restructuring and rising fuel costs led to another heavy loss for the Abu Dhabi-based carrier in 2017. In its annual figures published June 14, the airline recorded a “core loss”—equivalent to an operating loss for its day-to-day airline operations—of $1.52 billion in for the full-year 2017, a 22% improvement on 2016’s core ...
