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Emirates reports first ever loss in 33 years
Emirates reports its first ever loss in 33 years. It announced an AED 22.1 billion ($6 billion) Group loss for its financial year 2020-2021 on June 15. The airline branch contributed to this loss with AED 20.3 billion. Emirates is giving no guidance on its current financial year, but aims “to recover to our full capacity as quickly as possible.” With its financial year running from March to March, Emirates suffered all the pain from…
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