Muscat Daily

Emirates airline back in profit after Covid losses

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Dubai, UAE – Emirates has bounced back into the black

after its losses during the pandemic, the airline said on Thursday, announcing a Us$1.1bn profit and a half-year record for the group.

Revenues at the Middle East's biggest carrier surged 131 per cent to Us$13.7bn in the first half of the financial year starting in April, compared to a year earlier.

Emirates Group, which includes the airline and air services provider dnata, clocked a record

Us$1.2bn half-year profit which "reflects strong turnaround and recovery" after a Us$1.6bn loss last year.

"Across the group, our operations recovery accelerate­d as more countries eased and removed travel restrictio­ns," Sheikh Ahmed bin Saeed al Maktoum, chairman and chief executive of Emirates airline and

group, was quoted as saying.

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