Emirates airline profits tumble to lowest level in a decade

May 14, 2019 |
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Emirates airline profits tumble to lowest level in a decade

Emirates airline’s profit slumped 69 per cent in the 2018-2019 financial year as the Dubai-based carrier faced higher fuel prices and slowing travel demand in regional economies.

The largest international carrier reported a profit of Dh871m ($237m), its weakest earnings in a decade, as revenue grew by 6 per cent to Dh97.9bn for the year ending March 31.

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