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Etihad Airways had the following results for the last two years: (In thousands of dollars) Required a. Calculate the following for 2020 and 2019:

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Etihad Airways had the following results for the last two years: (In thousands of dollars) Required a. Calculate the following for 2020 and 2019: 16 marks] 1. Operating ratio. 2. Long-term debt to operating proporty. 3. Operating revenue to operating property. Item 2020 2019 Operating expenses 3,100,000 2,960,000 Operating revenues 3,780,000 3,340,000 Long-term debt 1,820,000 1,790,000 Operating property 1,950,000 1,950,000 Passenger load factor 66.50% 57.80% Comment on trends found in the ratios computed in (a). [3 marks] No. 1. 2020 2019 2. 3.

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