Profits Emirates plunge 69 percent
Emirates recorded its weakest year in 2018-19 in eight years, when announcing a Group profit of AED 2.316bln on May 9. This is -44 percent down on the previous year and almost at the same level as in 2011-12 (AED…
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Are the days of cheap fuel drifting away?
Oil prices seem to be steadily creeping up again after a nice dropoff late last year. This chart from Macrotrends makes the case; 2019 has seen a sharp uptick. Oil prices are about double what they were about 30 months…
SAS strike ends after week (update)
A week long cockpit crew strike at Scandinavian Airline Systems (SAS) has come to an end on May 2 as the airline and unions have reached an agreement. Details have yet to emerge, except that unions in Sweden, Norway and…