Monday, July 15, 2024

Emirates profits increase but revenue falls

Emirates has seen profits increase by 56.4 per cent to 7.1 billion dirhams ($1.9 billion) for the 2015-16 financial year despite revenue falling. Revenue for the group was down by 4.3 per cent to 85 billion dirhams, due to currency devaluations against the US dollar and adjustments following falling fuel prices. Emirates SkyCargo saw its […]