Etihad Airways expects to return to profitability in 2023: executive

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ABU DHABI (Reuters) – Abu Dhabi-based Etihad Airways expects to return to profitability in 2023, at the end of a five-year turnaround plan, its chief commercial officer, Robin Kamark, said on Wednesday.

Etihad suffered from its third consecutive year of annual losses in 2018 despite cost savings of nearly half a billion dollars as it cut its workforce and fleet.

Kamark told reporters on the sidelines of an aviation conference in Abu Dhabi that Etihad has taken delivery of two Airbus A-350-1000 aircraft.

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