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Is Etihad Cooking the Books?
Ryan Boyd August 09, 2017
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.
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The figures quoted above are for Qatar Airways, not Etihad. Etihad accounts in calendar years and has not yet released a figure for 2017.
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.
Wow guess the big-3 US carriers were onto something with these ME carriers
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.