Dubai, United Arab Emirates, Nov 5, 2026 (AFP) - Emirates profits slump 66 percent on war, fuel costs

NAMPA / AFP
2026-11-05
Emirates Group, which operates the region's biggest airline, announced a 66 percent plunge in first-half profits on Thursday, blaming "unprecedented" disruption and high fuel prices caused by the Middle East war. Despite difficult months, net profits stood at $1 billion, said the Dubai-based, state-owned group, down from $2.9 billion last year. Dubai airport was repeatedly targeted as the United Arab Emirates bore the brunt of Iranian drone and m......
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