Ethiad Posts $2 Billion loss: Airbus, Boeing Concerned

According to reports from Reuters, both Airbus and Boeing are in the process of preparing themselves for a significant level of order disruption from Middle Eastern giant, Etihad Airways. The Abu Dhabi-based carrier has just posted a $2 billion loss following the insolvencies of both Air Berlin and Alitalia—two airlines that were part of significant investments made by the Emirati group. (airwaysmag.com) More...