MIAMI – Emirates Airlines (EK) announced its half-year results for the financial year 2020-21 in a statement early Thursday. The UAE-based carrier made a loss of US$3.4bn after making a US$235m profit in the same period last year. Despite massive losses, the airline turned towards its cargo business as a source of revenue in absence of passenger service.
The COVID-19 has understandably taken a devastating toll on the airline industry, especially for carriers such as EK, which lean on their long-haul service. EK operates a young fleet of 266 aircraft, predominately comprised of ships from the Boeing 777 and Airbus read more ⇒
Source:: “Airways Magazine”