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Fitch Expects Etihad Airways to Keep Losing Money Through 2022

  • Turnaround plan has high degree of execution risk: report
  • Support from Abu Dhabi keeps long-term rating at ‘A’
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Etihad Airways will continue losing money through 2022, Fitch Ratings forecast, citing the “high execution risk” in the state-owned carrier’s turnaround plan.

The credit ratings company affirmed the airline’s long-term rating at ‘A’ with a stable outlook, given the support provided by the government of Abu Dhabi, Etihad’s owner.