• Emirates Airline profits are down by 86% and things may not get better soon

    1 month ago - By Business Insider

    Emirates Airline profits over the first six months of its fiscal year are down a whopping 86% over the same period in 2017.
    The airline reported $62 million in profits on $13.3 billion in revenue for the six-month period ending on September, 30.
    Emirates Group, the airline's parent company, saw approximately $1.25 billion in profits wiped out due to fuel costs and currency devaluation in Asia, Africa, and South America.
    Emirates Group CEO warns that "the next six months will be tough."
    Emirates Airline profits over the first six months of its fiscal year are down a whopping 86% over the...
    Read more ...

     

  • Emirates Airline profits are down by 86% and things may not get better soon

    Emirates Airline profits are down by 86% and things may not get better soon

    1 month ago - By Business Insider

    Emirates Airline profits over the first six months of its fiscal year are down a whopping 86% over the same period in 2017.
    The airline reported $62 million in profits on $13.3 billion in revenue for the six-month period ending on September, 30.
    Emirates Group, the airline's parent company, saw approximately $1.25 billion in profits wiped out due to fuel costs and currency devaluation in Asia, Africa, and South America.
    Emirates Group CEO warns that "the next six months will be tough."
    Emirates Airline profits over the first six months of its fiscal year are down a whopping 86% over the...
    Read more ...