Emirates financial performance so far this year ‘a lot better’
Emirates airline said its financial performance in the first 6 months of this year was “a lot better” than that at the same time in 2016 when it recorded a 75% drop in net profit. Tim Clark, president of Emirates airline, did not elaborate on financial performance Sunday, but said the carrier has had a “very robust summer” in terms of its flights to the US, for example. Emirates is expected to announce its results for the first half of this year next month. Last year, when the carrier reported US$213m in profits for the first half of the year, Emirates attributed the decline to a stronger US dollar and a challenging operating environment. This year, the carrier has to contend with continued challenges in the environment including pressure on airline yields and lower consumer spending. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-09/unaligned/emirates-financial-performance-so-far-this-year-2018a-lot-better2019
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Emirates financial performance so far this year ‘a lot better’
Emirates airline said its financial performance in the first 6 months of this year was “a lot better” than that at the same time in 2016 when it recorded a 75% drop in net profit. Tim Clark, president of Emirates airline, did not elaborate on financial performance Sunday, but said the carrier has had a “very robust summer” in terms of its flights to the US, for example. Emirates is expected to announce its results for the first half of this year next month. Last year, when the carrier reported US$213m in profits for the first half of the year, Emirates attributed the decline to a stronger US dollar and a challenging operating environment. This year, the carrier has to contend with continued challenges in the environment including pressure on airline yields and lower consumer spending. <br/>
