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Emirates well on the recovery path
Emirates has reduced its half-year-loss and is “well on the recovery path with healthy revenue and a solid cash balance at the end of our first half of 2021-22”, it reported on November 10. The Dubai-airline group reported a net loss of AED 5.7 billion ($1.6 billion) compared to AED 14.1 billion between April and September 2020. Group EBITDA improved to AED 5.6 billion from AED -43 million. Group revenues including dnata were up to AED…
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