Emirates profit doubles, warns against multilateral liberalisation

Emirates has reported a doubling in first half net profit to

USD643 million on the back of surging revenues (+26% year-on-year) and passenger

numbers (+23%). However, Chairman & CEO, Sheikh Ahmed bin Saeed Al Maktoum,

warned that fuel costs "remain a serious challenge" for the remainder

of the year. Emirates' costs rose 19% in the first half, with fuel accounting

for almost 28% of total costs.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 564 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.