Abu Dhabi-based Etihad Airways expects to return to profitability in 2023, at th...
FILE PHOTO: Etihad Airways Airbus A320-200 is seen at the National Airport Minsk, Belarus April 19, 2018. REUTERS/Vasily Fedosenko/File Photo
ABU DHABI - Abu Dhabi-based Etihad Airways expects to return to profitability in 2023, at the end of a five-year turnaround plan, its chief commercial officer, Robin Kamark, said on Wednesday. Etihad suffered from its third consecutive year of annual losses in 2018 despite cost savings of nearly half a billion dollars as it cut its workforce and fleet.
Kamark told reporters on the sidelines of an aviation conference in Abu Dhabi that Etihad has taken delivery of two Airbus A-350-1000 aircraft.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Trump Organization executive says she expects President Trump will resignA former Trump Organization executive says she thinks President Trump may resign rather than face possible removal from office by impeachment
Read more »
Fania Records Scripted Project In the Works From Sherry Marsh & ConcordEXCLUSIVE: Concord’s Film & TV unit has teamed with Pose and Vikings executive producer Sherry Marsh of Marsh Entertainment as well as Jane the Virgin executive producer Jorge Granier of Aquari…
Read more »
Group Nine Media to Acquire PopSugarCo-founders Brian Sugar and Lisa Sugar will join the Group Nine executive team.
Read more »
The 'Riverdale' Parents Said It Was 'Very Difficult' To Relive Luke Perry's Death While Filming The Tribute Episode'It's so hard because you expect to see him in Pop's or turning the corner.'
Read more »
Watch the Wisecracking, Grisly Trailer for ‘Zombieland: Double Tap’Woody Harrelson, Jesse Eisenberg, Abigail Breslin, Emma Stone return for blood-soaked, foul-mouthed sequel
Read more »
Exit polls show Ennahda party leading Tunisia electionTwo exit polls show Ennahda party leading Tunisia election with 40 seats out of 217
Read more »