Emirates reports record 5.4 billion dollar annual profit
Emirates reported a record 5.4 billion dollar profit. Large cash reserves and fuel hedging help the airline manage disruptions from the ongoing regional war.
Xurve View
Xurve View
Emirates reported a record $5.4 billion net profit for the fiscal year ending March 31, despite regional conflict-driven disruptions. The result rose from $5.2 billion the previous year as higher passenger yields offset a slight volume decline. A $15 billion cash cushion allows the carrier to maintain expansion plans while regional competitors face liquidity pressure.
