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EMIRATES AIRLINE PROFITS
Emirates says it will get stranded passengers home, even on rival airlinesEmirates is introducing a new travel insurance product guaranteeing passengers can return home, even on rival airlines, to alleviate concer...- Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
- Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- American Airlines tie up with Elon Musk's Starlink as flyers will have new features on-boardStarlink itself has become a crucial revenue driver for its IPO-bound parent SpaceX, with the satellite broadband unit being the only profi...
- Actor Madhavan admires the company that just paid two and half months of extra salary to employees despite challenging timesActor R Madhavan shared news of Emirates Group's remarkable achievement. The Dubai-based airline gave employees a 20-week salary bonus. Thi...
- Emirates' cash reserves, fuel hedging help airline ride out Iran war turmoilEmirates airline achieved a record $5.4 billion net profit, bolstered by strong cash reserves and effective fuel hedging. Despite disruptio...
- Airlines slash flights and raise fares as fuel crisis begins to hit travellers hardGlobal airlines are slashing flights and hiking fares due to soaring jet fuel costs and supply worries, exacerbated by the Iran conflict. M...
- US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and suppliesLufthansa Group is cancelling 20,000 short-haul flights until October. This move aims to save jet fuel amid soaring oil prices. The war in ...
- Tata Sons committed to Air India: N ChandrasekaranTata Sons chairman N Chandrasekaran assured employees of continued support for Air India. The airline faces a difficult phase following the...
- Emirates Group reports record $3 billion annual profitEmirates airline, which along with airport services business dnata makes up Emirates Group, made a $2.9 billion profit. The state-owned car...
- Emirates to start paying back Dubai for its $4 billion lifelineThe cash infusion of close to 15 billion dirhams ($4 billion), which came in two tranches over 2020 and 2021, provided a lifeline to one of...
- Emirates Airlines plans to have 52 per cent more seats for IndiaThe largest foreign carrier in the country is planning to take the number of seats per week to India from 54,200 to 80,000.
- Emirates, Etihad & Qatar Airways challenge global dominance of European & American AirlinesEuropean and American carriers have ruled the skies for many decades. But since 2005, the three Gulf carriers have been trying to unseat th...
- Emirates Airlines registers 52 per cent rise in 2010 profitDespite regional turmoil, Emirates Airline has posted a 52% rise in net profit in 2010, driven by a surge in passenger numbers and cargo tr...
- Emirates H1 profits surge 351 per cent to $925 millionEmirates airlines posted Monday a 351 per cent increase in net profits in six months, reaching 3.4 billion dirhams ($925 million ), on the ...
- In trying year for airlines, Emirates posts $1.1 billion net profitIn a year that presented multiple air pockets for airline companies in the form of a global downturn Dubai-based Emirates posted net profit...
- Emirates profits fall 88 per cent due to fuel costsRecord fuel prices have dragged down Dubai-based Emirates Airline's first-half year gains with profits falling by 88 per cent compared with...
- Emirates Airline to be largest Boeing 777 operatorThe Dubai-based Emirates Airline, the second largest and most profitable Arab carrier, will soon become the world's largest operator of the...
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