DUBAI, May 10 — Gulf aviation giant Emirates said today it would take at least 18 months for travel demand to return to “a semblance of normality”, despite reporting bumper pre-pandemic profits. The Dubai carrier, the largest in the Middle East, posted 1.1 billion dirhams (RM1.2...
Emirates said today it would take at least 18 months for travel demand to return to ‘a semblance of normality’. — AFP pic
It was the 32nd straight year of profit for Emirates, which operates a fleet of 115 Airbus A-380 superjumbos and 155 Boeing-777 airliners.Emirates Group chief Sheikh Ahmed bin Saeed Al-Maktoum said the airline had performed strongly in the first 11 months of the fiscal year. “We expect it will take 18 months at least, before travel demand returns to a semblance of normality,” he added.
The airline said it had transported just over 56 million passengers in the fiscal year, a drop of four per cent year-on-year, while cargo had declined by a tenth to 2.4 million tonnes.
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