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in Asia

Etihad Airways records $1.9bn loss for financial 2016

Etihad Airways today announced its 2016 financial results, recording a net loss of US$1.87 billion on US$8.36 billion in revenues.The airline said one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline.The core airline…

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in Africa

SANParks strike action underway

South African National Parks (SANParks) management confirmed that a number of employees, who are members of the Health and Other Services Personnel Trade Union of South Africa (HOSPERSA), have abandoned their work stations in different divisions and parks.The strike action…

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in North America

Hilton sees profits rise in second quarter

Hilton Worldwide has reported adjusted EBITDA for the second quarter of 2017 of $519 million, an increase of ten per cent on the figure for the second quarter of 2016.Diluted earnings per share at the hotel giant from continuing operations…

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