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.
"Across the Group, we saw operations and demand pick up as countries started to ease travel restrictions," said His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive, Emirates Airline and Group. "This momentum accelerated over the summer and continues to grow steadily into the winter season and beyond.
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