Emirates airways first half revenue surges on cheaper gasoline, value cuts

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Emirates airways first half revenue surges on cheaper gasoline, value cuts

Fuel invoice falls by 2 bln dirhams


Fuel invoice falls by 2 bln dirhams

Airline carries 29.6 mln passengers

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DUBAI, Nov 7 (Reuters)Emirates, one of many world’s greatest worldwide airways, stated on Thursday revenue practically quadrupled within the first half of the yr, bouncing again from a decade low half-year revenue a yr in the past.

Dubai-based Emirates, which is owned by the state, benefited from a decline in world gasoline costs though it stated it was hit by unfavorable forex actions.

The airline, which stated final month its income could be significantly higher, made 862 million dirhams ($235 million) within the six months to Sept 30, in comparison with the 226 million dirhams it made a yr in the past.

Income fell 3% to 47.Three billion dirhams with working prices minimize by 8%, helped by the decline in gasoline prices.



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