Thursday, May 11, 2017

Emirates Airline has just had a year to forget.

The Dubai airline said its profit slumped 82% in the year ending March 31, hit by weaker demand for travel and "destabilizing events" including President Trump's policies.
In a measure of just how bad things were, Emirates canceled its dividend payment for the first time since 1995-96. Last year it handed over $681 million to the government of Dubai after making a record profit of $7.1 billion
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