1h ago

Emirates airline posts first loss in more than 30 years

Share
Emirates is harnessing more technical and digital solutions and resources.
Emirates is harnessing more technical and digital solutions and resources.

Dubai-based Emirates airline on Thursday posted a $3.4 bn half-year loss, its first in more than three decades, saying it had been badly hit by the global lockdown that brought air transport to "a literal standstill".

"In this unprecedented situation for the aviation and travel industry, the Emirates Group recorded a half-year loss for the first time in over 30 years," the airline's chairman and chief executive, Sheikh Ahmed bin Saeed Al Maktoum said in a statement.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24