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...(…)

This article is available on « Le Journal de l'Aviation »

Read the article

Aviation and aerospace newsletter

Sign up for free
to the weekly newsletter!

In the same theme:


2019/10/02 | AEROCONTACT | AIR TRANSPORT

French carrier Air France will offset the carbon dioxide emissions of its 500-odd daily internal flights by 2020 at a cost of millions of euros, the company's CEO ...


2019/07/05 | AEROCONTACT | AIR TRANSPORT

Mumbai's main airport re-opened Friday, officials said, three days after the heaviest monsoon rains in a decade killed scores and caused travel mayhem across weste...


Opening of negotiations on Transavia France
2019/05/29 | AEROCONTACT | AIR TRANSPORT

Air France-KLM is pleased that the SNPL ALPA Air France council representing a majority of Air France pilots has voted 97% in favor of beginning negotiations with Air ...

See also:


2020/06/05 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

American Airlines will add more flights in July on improving demand, the company said Thursday, suggesting the industry had seen the worst of the hit from the coronav...


2020/06/04 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

China said Thursday foreign airlines blocked from operating in the country over virus fears would be allowed to resume limited flights, apparently de-escalating a row...


2020/06/03 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

The United States on Tuesday ordered the suspension of all flights by Chinese airlines into and out of the country after Beijing failed to allow American carriers to ...