Emirates Airline profit dives 69 percent in 'tough' year

AFP

2019/05/09 | 298 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Emirates Airline profit dives 69 percent in 'tough' year © Le Journal de l'Aviation - All rights reserved

Emirates Airline reported a 69 percent drop in net profits Thursday on high fuel prices and a strong dollar in what it described as a "tough" year.The Dubai carrier posted $237 million in net profits for the financial year ending in March compared to $765 million in the previous year, it said in a statement."2018-19 has been tough, and our performance was not as strong as we would have liked," the chairman and chief executive of Emirates Group, Sheikh Ahmed bin Saeed Al-Maktoum, said in a st...(…)

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