Emirates' next financial results 'better than last'

Airline planning to unveil latest results ahead of Dubai Airshow in November
Emirates' next financial results 'better than last'
Emirates’ financial performance for the first half of 2017 is expected to be stronger than the same time last year, according to remarks made by president Tim Clark on Sunday.
By Sarah Townsend
Sun 08 Oct 2017 12:14 PM

Emirates’ financial performance for the first half of 2017 is expected to be stronger than the same time last year, according to remarks made by president Tim Clark on Sunday.

The group is preparing to unveil its financial results for the period April to September in the run-up to Dubai Airshow next month.

Clark told reporters at an aviation security conference in Dubai that the last six months “were a lot better than this time last year”.

Emirates reported a 75 percent decline in profits in the same period of 2016, hit by a strong dollar and falling demand for air travel.

Clark also said the US laptop ban earlier this year had been “very disruptive”. The airline lost about 15-18 percent of its loads to the US as a result of the ban on electronic devices on board flights between the US and Middle East.

However, Clark said things “bounced back” once the ban was lifted in July, and that business to the US had since been “robust”. 

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