Huge losses for UAE Etihad Airways

SANAA, March 5 (YPA) – The UAE Etihad Airways company revealed on Thursday amount of losses for the past year, the company said in a statement.

The company said that losses were $ 870 million during 2019, $ 1.28 billion in 2018 and $ 1.52 billion in 2017.

The company has received huge losses during the past four years, starting in 2016 due to spending billions of dollars to buy a percentage of other airlines.