JAMIE CARR: Emirates Group battles to stay in the air
24 June 2021 - 05:00
It comes as no surprise to see that Emirates has taken an absolute pasting in the year to end-March, but the sheer scale of the numbers surely gets the jaw dropping.
The airline has a particularly strong record of profitability in a notoriously volatile industry, recording its last loss back in 1988, but it could do little to mitigate the impact of the pandemic, slumping to a loss of $5.5bn as revenues fell by 66% to $8.4bn...
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