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

Emirates Airbus A380

  • 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 read more >>>

Source : BusinessInsider.Com





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