The airline has resumed flights to 140 destinations, but the surge in fuel prices continues to challenge the pandemic-battered aviation sector.
when asked about the price of fuel."That's really affecting the airline business in a big way," he added, saying geopolitics and Russia's invasion of Ukraine was having a significant impact on fuel prices.'We're doing a job. We're connecting people': Emirates CEO defends continued flights to Russia
"The relatively recent reopening of important markets in Asia is key to Emirates' recovery," Alex Macheras, an independent aviation analyst, told CNBC."Challenges will remain with China's lockdowns continuing, fleet concerns amid Boeing 777 delays, and a cost-of-living-crisis globally that will be more visible [in terms of impacts] to airlines this winter.
"That was money well spent," he said."If things continue as they are now … we can pay back what the Government has injected into the company."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Luna token price craters below $0.0001 as circulating supply soars above 400 billionThe circulating supply of Luna has risen dramatically while the price of the Terra native asset has plunged.
Les mer »
Record diesel prices, tight supplies could be next blow to the US economyDiesel prices are soaring to record levels, and record low inventories of the fuel in parts of the United States are sparking fears of worse to come.
Les mer »
Asian shares rebound as investors shrug off inflation worriesAsian shares bounced back Friday from losses earlier in the week, shrugging off data showing U.S. wholesale prices soared 11% in April from a year earlier.
Les mer »
For the First Time, Japan's SoftBank Could Spend More on Share Buybacks Than New Investments: CLSAJapanese conglomerate SoftBank Group on Thursday posted a record $27 billion loss in its Vision Fund as tech stocks have plummeted in recent months.
Les mer »
Emirates Airline to accept bitcoin as payment method: Arab NewsDubai-based airline Emirates will 'employ bitcoin as a payment service' as part of a push toward embracing blockchain and metaverse projects.
Les mer »
Investing Club: The week in review, the week ahead — May 13, 2022Despite a bounce back in stocks Friday, the major averages posted losses for another week.
Les mer »