PPRuNe Forums - Emirates profits are down?

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parabellum

19th Nov 2018 21:27

Emirates profits are down?

https://www.businessinsider.com.au/emirates-airline-profits-fall-86-high-fuel-prices-2018-11?r=US&IR=T

Time to worry when they are making a loss!

golfyankeesierra

19th Nov 2018 21:41

From the article:

Quote:

The airline reported $US62 million in profits on $US13.3 billion in revenue for the six-month period ending on September, 30

don’t know about the ME3, but for European carriers these are the fat months..

Schnowzer

20th Nov 2018 06:56

Typically EK does its business in the second half of the year.

fatbus

20th Nov 2018 08:10

In the past yes but last year second half was not great! They need to take the rose colored glasses off.Dubai struggling, worst then 2008 according to some articles.
But no worries, plenty of upgrades as "promised " and great time to buy property!!!!

aeropix

20th Nov 2018 17:44

Thank goodness they installed the low-flow faucets in the HQ toilets just in time to nip the problem in the bud...

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