Emirates Group reports $1B loss, cargo capacity on the rise

Emirates Group continues to see operating losses in the 2021-22 fiscal year ending March 31, with a recorded deficit of AED 3.8 billion (US$1 billion), which the company attributed to COVID-19. Emirates SkyCargo provided 40% of the airline’s total transport revenue, a result of demand for essential goods and medical supplies, COVID-19 vaccine programs and […]