The Emirates Group has posted a massive $US3.8 billion loss for the first six months of 2020-21 but says it expects a steep recovery in travel demand once a vaccine is available.
Emirates’ airline operations saw revenue slump 75 percent as they accounted for the majority of the group result with a loss of $US3.4 billion.
The rest was made up of a $US396m loss at logistics arm dnata, where revenue fell 67 percent.
Read: International airlines fill less than one in five seats to Australia.
Like most hub airlines, Emirates was hit by plummeting passenger traffic — in this case a 96 read more ⇒
Source:: AirlineRatings.Com