Emirates orders five more 777Fs, as Boeing strike looks set to end
Emirates has announced a freighter order – and perhaps surprisingly, given current news, has opted ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
Etihad has turned in another loss, albeit smaller than the previous one. Although it doesn’t publish full figures, it did announce a “core”, or operating, loss for its airline business of $1.5bn for 2017, following the $1.95bn it lost in 2016. It blamed the collapse of partner airlines Airberlin and Alitalia, restructuring and higher fuel costs. Turnover was $6.1bn, up 2% on a year earlier. Cargo volumes, however, fell some 7%, while capacity was reduced by 6%, but revenue fell just 0.8%. ATW reports. The poor results come at a time when speculation surrounding a possible merger with neighbouring rival Emirates is getting ever louder.
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