{"id":165454,"date":"2018-06-14T11:39:33","date_gmt":"2018-06-14T11:39:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=165454"},"modified":"2018-06-14T11:39:33","modified_gmt":"2018-06-14T11:39:33","slug":"etihad-airways-in-red-again-reports-1-52-billion-loss-for-2017","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/etihad-airways-in-red-again-reports-1-52-billion-loss-for-2017\/","title":{"rendered":"Etihad Airways in red again, reports $1.52 billion loss for 2017"},"content":{"rendered":"<p>Etihad Airways reported a $1.52 billion loss for 2017 on Thursday, its second consecutive annual loss as the Middle East airline undertakes a major turnaround plan.<\/p>\n<p>The result compares with a prior year loss of $1.95 billion, which it restated from $1.87 billion.<\/p>\n<p>Etihad has been overhauling its strategy since 2016 with changes to top management, dropping unprofitable routes, and retiring operationally costly aircraft.<\/p>\n<p>The airline said in a statement that its revenue rose 1.9 percent to $6.1 billion and it carried 18.6 million passengers, flat compared to the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etihad Airways reported a $1.52 billion loss for 2017 on Thursday, its second consecutive annual loss as the Middle East airline undertakes a major turnaround plan. The result compares with a prior year loss of $1.95 billion, which it restated from $1.87 billion. Etihad has been overhauling its strategy since 2016 with changes to top management, dropping unprofitable routes, and retiring operationally costly aircraft. The airline said in a statement that its revenue rose 1.9 percent to $6.1 billion and it carried 18.6 million passengers, flat compared to the previous year.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-165454","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/165454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=165454"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/165454\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=165454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=165454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=165454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}