Abu Dhabi's Etihad Airways posts $1.28 billion loss in 2018

A plane of Etihad Airways is seen at Minsk international airport near village of Slabada, Belarus.
ABU DHABI (Reuters) - Abu Dhabi’s Etihad Airways reported on Thursday its third consecutive annual loss in 2018, blaming challenging market conditions and the effects of an increase in fuel prices.
Etihad’s net loss narrowed to $1.28 billion for last year, from $1.52 billion in 2017, it said in a statement.
The airline reported revenues of $5.86 billion in 2018, it said in a statement.