BCN-25 Emirates Airline profit dives 69 percent in ‘tough’ year

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BCN-25

UAE-AVIATION-EARNINGS-EMIRATES

Emirates Airline profit dives 69 percent in ‘tough’ year

DUBAI, May 9, 2019 (BSS/AFP) – 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 $237 million in net profits for the financial
year ending in March compared to $765 million in the previous year, it said
in a statement.

BSS/AFP/HR/1400