Tag: airlines loss due to corona virus crisis

Dubai state carrier Emirates Airline has reported a 21% increase in its full-year profit in the 12 months to March 31, though the pandemic cost the carrier over 3.4 billion dirhams in revenues in March. The airline, one of the biggest long-haul carriers in the world, said it made 1.06 billion dirhams ($287.5 million) in that time, up from 871 million dirhams the previous year. But the coming year will be severely impacted by the coronavirus pandemic, the airline’s chairman said. Emirates Airline and Group Chairman Sheikh Ahmed bin Saeed Al Maktoum said that from February, things began changing rapidly ... Read more