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Airline: annual losses of 4.5 billion euros for Emirates, a first in 30 years

2021-06-17T20:06:31.173Z

Emirates, the airline of Dubai, on Tuesday announced annual losses of around 4.5 billion euros, a first in more than three ...



Emirates, the Dubai airline, on Tuesday announced annual losses of around 4.5 billion euros, the first in more than three decades as lockdowns and restrictions linked to the coronavirus pandemic hit the industry hard of aviation.

Read also: The United Arab Emirates opens up to foreign investors

Due to the flight and travel restrictions linked to the pandemic, the airline recorded a loss of 20.3 billion dirhams (over 4.5 billion euros) after a profit of 1.1 billion dirhams (nearly 247 million euros) last year

, ”Emirates said in a statement.

Source: lefigaro

All business articles on 2021-06-17

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