{"id":264486,"date":"2019-03-15T06:48:42","date_gmt":"2019-03-15T06:48:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264486"},"modified":"2019-03-15T06:48:42","modified_gmt":"2019-03-15T06:48:42","slug":"etihad-airways-woes-deepen","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/etihad-airways-woes-deepen\/","title":{"rendered":"Etihad Airways woes deepen"},"content":{"rendered":"<p>London: Etihad Airways posted a loss of $1.28 billion in 2018, extending the deficit over three years to $4.8 billion, as the Gulf carrier pushes ahead with a cost-cutting plan to stabilize the balance sheet.<\/p>\n<p>The Abu Dhabi company, which has abandoned an attempt to build a global network of airline investments after a string of failures, cancelled a further nine unprofitable routes last year, it said in an emailed statement on Thursday. The review comes alongside a reduced delivery of new planes, with deals to slash $21.4 billion of orders agreed with Boeing and Airbus last month. CEO Tony Douglas said progress is being made in \u201cstreamlining our cost base.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London: Etihad Airways posted a loss of $1.28 billion in 2018, extending the deficit over three years to $4.8 billion, as the Gulf carrier pushes ahead with a cost-cutting plan to stabilize the balance sheet. The Abu Dhabi company, which has abandoned an attempt to build a global network of airline investments after a string of failures, cancelled a further nine unprofitable routes last year, it said in an emailed statement on Thursday. The review comes alongside a reduced delivery of new planes, with deals to slash $21.4 billion of orders agreed with Boeing and Airbus last month. CEO Tony [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-264486","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264486","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264486"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264486\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}