Pandemic sends Emirates to half-year loss for first time over 30 years
Emirates airline said on Thursday it lost $3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in over thirty years
)
DUBAI (Reuters) - Emirates airline said on Thursday it lost $3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in over thirty years.
The airline, which temporarily suspended operations this year, saw revenue fall 75% to $3.2 billion.
(Reporting by Alexander Cornwell; editing by David Evans)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
More From This Section
Topics : Coronavirus Emirates Airline
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Nov 12 2020 | 2:52 PM IST
