Emirates Group reports first loss in 30 years while cargo ops thrive

Emirates SkyCargo contributes to 60% of airline’s total transport revenue

While the Emirates Group reported its first recorded annual operating loss in over three decades of AED$22.1 billion (US$6 billion) during its 2020-21 financial year, its cargo division reported a 53% increase in revenue to $4.7 billion, making up 60% of the airline’s total transport revenue. Emirates SkyCargo’s freight yield per freight tonne kilometer (FTK) […]


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