Emirates’ FY profits plunge 72% on fuel costs

Emirates A380. By Rob Finlayson Dubai-based Emirates Airline (EK) reported a 72.1% drop in net profit of AED1.5 billion ($409 million) in the 2011-12 financial year, compared to last year’s net profit of AED5.4 billion. The company cited the “stifling” cost of fuel as the reason for the decline. The...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.