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Alitalia, Airberlin are Etihad's $808m headache in $1.87bn loss

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Etihad Airways has posted a US$1.87 billion annual loss, including US$1.06 billion from writing down the value of aircraft and a further US$808 million hit from reduced value of stakes in struggling Air Berlin and Italy’s Alitalia, which filed for bankruptcy in May. (www.ausbt.com.au) More...

Steve Johnson
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