Emirates airline narrows annual loss as travel demand recovers – The National

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UAE
  • Date: 13-May-2022
  • Source: The National
  • Sector: Tourism
  • Country: UAE
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Emirates airline narrows annual loss as travel demand recovers – The National

Emirates, the world's largest long-haul airline, narrowed its annual loss amid a rebound in passenger travel demand and strong performance from its freight business.

The Dubai airline reported a loss of Dh3.9 billion ($1.1bn) for the fiscal year ending March 31, compared with a loss of Dh20.3bn in the previous year, it said on Friday.

The airline's revenue rose 91 per cent year-on-year to Dh59.2bn as it carried 19.6 million passengers, a three-fold increase from the previous year.

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