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Etihad Airways

Is Etihad Cooking the Books?

Is Etihad Cooking the Books?
Ryan Boyd

In spite of a $540 million profit claimed by Etihad for the fiscal year 2017, investigators allegedly found that the airline actually experienced a $703 million loss. This revelation comes after Etihad’s claimed $103 million profit for 2015 being revealed as an operating loss of $2.06 billion by forensic accountants.

To read more on this story, go to HuffPost.

[Photo: Shutterstock]

View Comments (4)

4 Comments

  1. Firldeal

    August 10, 2017 at 4:49 am

    Not surprised. I vowed never to fly with them again after they refused a refund after they changed my flight times causing our family significant delays and travel expense. I think they are getting what they rightly deserve.

  2. Col Ronson

    August 10, 2017 at 6:48 pm

    Wow guess the big-3 US carriers were onto something with these ME carriers

  3. Sydneyberlin

    August 10, 2017 at 8:22 pm

    Yea, I agree- Etihad is by far the worst of the three big Middle Eastern carriers. Usually also in terms of cabin service and food quality etc though all of those three are a bit inconsistent.

  4. Speedbird676

    August 11, 2017 at 1:45 am

    The figures quoted above are for Qatar Airways, not Etihad. Etihad accounts in calendar years and has not yet released a figure for 2017.

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