Emirates predicts 18-month lull in air demand

Emirates predicts 18-month lull in air demand

DUBAI - Gulf aviation giant Emirates said on Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.. Emirates Group chief Sheikh Ahmed Bin Saeed Al-Maktoum said the airline had performed strongly in the first 11 months of the fiscal year.. The carrier saw its annual revenues decline by six per_cent to $25 billion due to the coronavirus pandemic and the closure of a runway at Dubai airport.. Even before the coronavirus pandemic paralysed the aviation industry, Emirates had slimmed its orders from both Airbus and Boeing, cutting tens of billions of dollars-worth of aircraft..