Emirates Group says first-half profit drops 66%
DUBAI: The UAE’s Emirates Group on Thursday said its profits in the first half of the financial year fell 66 percent year-on-year, as the regional war and high fuel costs hit aviation. Half-year profit after tax stood at 3.6 billion AED ($1 billion), the group said in a statement. The Dubai-based group, which owns the largest airline in the Middle East, said its Emirates airline saw half-year…
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Emirates Group says first-half profit drops 66% (opens Business Recorder in a new tab)
DUBAI: The UAE’s Emirates Group on Thursday said its profits in the first half of the financial year fell 66 percent year-on-year, as the regional war and high fuel costs hit aviation. Half-year profit after tax stood at 3.6 billion AED ($1 billion), the…
