Emirates Stays Profitable Despite 68% Fall Amid High Fuel Prices
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10 Articles
Emirates remains profitable despite Gulf conflict and soaring fuel costs
Emirates Group remained profitable in the first half of its 2026–27 financial year, despite a sharp deterioration in earnings caused by disruption from the conflict in the Gulf and a substantial increase in aviation fuel prices, according to results published by the company on Thursday. The Dubai-based group reported pre-tax…
Emirates recorded a sharp fall in its profits from the first fiscal semester, after the war in Iran destruct flight routes and boost the prices of aviation fuel. Exclusive material for subscribers. To have full access, access the link of the subject and register.
In the first half of the fiscal year from April to September 2026, Dubai's emirate's flagship posted a net profit of $1 billion (€890 million) compared to $2.9 billion in the same period last year. The city's airport, one of the most popular in the world, was targeted several times by drones at the height of the war triggered by American-Israeli strikes against Iran on 28 February, to which Tehran responded by targeting Washington allies in the …
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