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Topic - Etihad Airways
, ʼal-ʻitiħād, meaning Union, Unity, United) is the flag carrier of the United Arab Emirates. Established by Royal decree in July 2003 and based in Abu Dhabi, Etihad commenced operations in November 2003 - Source: Wikipedia
Etihad said the loss included a $1.06 billion charge on aircraft reflecting lower market values and a $808 million charge on certain assets and financial exposures to equity partners, mainly related to Alitalia and Air Berlin.