Emirates posts significant drop in profits, at $237 million

Author: 

AP

article author: 

AP

ID: 

1557386714179318500

Thu, 2019-05-09 07:17

DUBAI: The Middle East’s biggest airline, Emirates, says profits were down almost 70% in the past fiscal year, reaching lows of $237 million, compared to last year’s whopping $762 million.
The Dubai-based airline’s parent company Emirates Group also posted lower profits at $631 million, down 44% from last year.
Still, Emirates Group noted a record year for revenue at nearly $30 billion. Revenue for the airline was slightly up at $26.7 billion.

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Business & Economy

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Emirates

airline

Emirates Airline

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