Etihad Plans to Cut 50 Pilot Jobs

Abu Dhabi-based Etihad Airways has announced that it is planning to cut 50 pilot jobs by the end of January, according to a private internal memo released to employees on Thursday. The decision comes after the carrier incurred a significant loss this past year due to a rapid expansion strategy aimed at competing with Gulf rivals Emirates and Qatar Airways. While Etihad has not released its financial results for 2018, the carrier has been racking up losses over the past two…