Abu Dhabi's Etihad halves half-year loss to US$400m

The airline, which had 64 aircraft in operation in the first half, carried 1 million passengers, down 71.5% from a year ago.

DUBAI: Abu Dhabi's Etihad Airways on Tuesday said its core operating losses halved in the first half of the year to US$400 million and that its liquidity position had returned to pre-pandemic levels.

The state-owned carrier, which over the past year has accelerated a pre-pandemic restructuring, said it had cut operating costs by 27% to $1.4 billion in the first half.