The UAE national carrier earlier this month reported a loss of $1.28 billion for 2018. While this was its third billion dollar loss in as many years, it was 15.4 percent lower than losses reported in 2017 and around a third less than reported two years ago.
Direct operating costs were reduced by $226 million, despite ongoing volatility in the oil market, and administration and general expenses declined by $190 million, mainly as a result of lower indirect manpower and other administration savings.
Arabian Business' Editorial Director Shane McGinley and Video Reporter Shruthi Nair discuss the measures being taken by Etihad Airways in this edition of Inside AB.
(Source: Arabianbusiness.com YouTube channel)