Etihad loses $520M in Q2 2020 due to pandemic

“Losses for the second quarter of 2020 were $ 520 million, losses for the first half reached $ 758 million, which is $ 172 million more than in the same period last year,” the report said.

As a result of the coronavirus pandemic, Etihad Airways had to cut passenger traffic by 60%.

At the same time, the airline noted that in the first six months of the year to the end of June, it carried 3.5 million passengers, which is 58% less compared to the same period in 2019. 

Since June, the carrier has resumed flights in a number of directions after the suspension of flights in March, and since July has been operating flights in 42 directions.

source: reuters.com