Although Etihad Airways has reported a strong start to 2020, following the suspension of flights to and from the UAE from 24 March, the airline has reported a half year operating loss of US$758 million, driven by a 38% drop in revenues, which stood at US$1.7bn. This was partially off-set by a 27% reduction in direct operating costs to US$1.9bn compared to US$2.7bn in the year-ago period, and a 21% reduction in general and administrative expenses to US$400 million, both driven by management cost containment initiatives and reduced operations. Cargo revenues were US$490 million, up 37% compared to the same

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