Emirates Airline Posts $1.1 Billion Dollar Loss

Dubai‚Äôs Emirates Airlines reported losses of USD1.1 Billion in the fiscal year as rising fuel costs impact travel demand. Nevertheless, it stated that revenue has risen 91%, reaching USD16.1 Billion. According to the carrier, it received a capital injection of USD954 Million from the government of Dubai, to help it stay afloat throughout the crisis. …

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