Emirates Airline posts robust profits for H1 2019

123 RF / jvdwolf

Emirates Airline's recorded robust profits for the first-half of this year.

The Dubai-based carrier posted a nearly three-fold boost in their profits for H1 on the back of falling oil prices.

They've enjoyed profits of AED 862 million during the first six months of 2019, making for a jump of 282 per cent.

Meanwhile, first-half revenue fell three per cent to AED 47.3 billion.

More from Business

  • Disney settles suit over women's pay for $43 million

    Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday.

  • Etihad Airways adds ten new destinations for 2025

    UAE carrier Etihad Airways is set to introduce ten new destinations starting in 2025, expanding its global presence as it brings tens of thousands of new visitors to the capital.

  • Trump pledges new tariffs on Canada, Mexico, China

    US President-elect Donald Trump on Monday pledged a 25 per cent tariff on all products from Mexico and Canada from his first day in office, and an additional 10 per cent tariff on goods from China, citing illegal immigration and the trade of illicit drugs.

  • UAE and Bahrain finalise ICV programmes procedures

    The UAE and Bahrain have finalised the procedures required to implement an MoU, signed last January, that fosters cooperation between the National In-Country Value (ICV) Programme and Bahrain’s Value Programme in Industry, known as Takamul.