Emirates Group H1 loss at $1.6bn as travel restrictions ease
shared by logupdateafrica2021 on Nov 11
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Easing of travel restrictions worldwide saw Emirates Group reduce its net loss to $1.6 billion for six months ended September 30, 2021 from $3.8 billion last year.
Revenue increased 81 percent to $6.7...
billion and EBITDA was $1.5 billion compared to a negative $12 million.
The group continued to maintain a healthy cash position of $5.1 billion as on September 30, 2021 compared to $5.4 billion as on March 31, 2021.
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