Emirates Airline profit dives 69 percent in 'tough' year
Publish date: Thu, 09 May 2019, 03:50 PM
DUBAI: Emirates Airline reported a 69 percent drop in net profits Thursday on high fuel prices and a strong dollar in what it described as a ‘tough’ year.
The Dubai carrier posted US$237 million in net profits for the financial year ending in March compared to US$765 million in the previous year, it said in a statement.
- AFP
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lizi I am thinking all airlines are heavily impacted by the oil price rally. SIA report coming out month end, maybe if their results not good they will consider to merge with MAS, to improve cost saving. - Simple Solution by Maybank Aviation Analyst.
2019-05-10 21:23
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lizi
this is the second negative news from airlines...after lufthansa....
2019-05-10 21:16