Tag FY2021-2022

Airlines

Emirates reports its highest-ever profit

Emirates returned to a solid profit in its financial year 2022-2023, reporting its highest-ever net profit and revenues in the history of the UAE airline. This follows after two years of losses during the Covid years, but a strong recovery…

Richard Schuurman
May 11, 2023

Airlines

Emirates expects a return to profitability but prepares for headwinds

High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022 The Dubai-based airline reported its second net loss in a row for FY2021/2022, with an…

Richard Schuurman
May 13, 2022