Abu Dhabi’s Etihad carrier announced on Tuesday a whopping $478 million loss for 2021, a figure that underscores the continued challenge airlines around the world face as travelers slowly return to the skies amid COVID-19 vaccine rollouts and eased travel restrictions.
The airline said the figure represents a much-reduced core operating loss compared to the staggering $1.7 billion the company lost in 2020. The figure is also significantly better than in 2019, when core losses amounted to over $800 million.
