Global Aviation Watch.....Emirates Group announces half-year profit for 2026-27, despite full six-month impact of regional conflict and high fuel costs
Group: Half-year profit before tax of AED 4.1 billion (US$ 1.1 billion), down 66% from the same period last year. Revenue down 12% to AED 66.2 billion (US$ 18.0 billion). Emirates: Half-year profit before tax of AED 3.7 billion (US$ 1.0 billion), down 68%, and revenue of AED 56.9 billion (US$ 15.5 billion), down 13%, against the same period last year. Revenue buoyed by strong cargo performance; profits eroded by high fuel prices. dnata: Half-year profit before tax of AED 410 million (US$ 112 million), down 51% compared to the same period last year, against revenue of AED 11.0 billion (US$ 3.0 billion), down 7%, reflecting reduced volumes in some of its UAE and UK businesses. Emirates Group Chairman and Chief Executive credits the UAE government for enabling the safe and smooth recovery of air transport activities; highlights the Group’s continual investments in fleet, product, and future capabilities; and says the Group is well-placed to stay agile against the headwinds of h...