Emirates lost $3.4 billion in the first six months of the year, tipping the Dubai state-owned airline's holding company into its first half-year loss in more than thirty years.
Read the latest updates in our dedicated coronavirus section.
The carrier, which temporarily suspended operations this year at the height of the coronavirus pandemic, said global flight and travel restrictions meant revenue dropped 75 percent to $3.2 billion as passenger traffic fell 95 percent to 1.5 million.
Emirates Group, which includes the airline, said its workforce had shrunk by 24 percent to 81,334 staff as of September 30.
The airline confirmed it had received $2 billion in financial assistance from the government of Dubai as an equity investment.
Emirates had reported an 862 million dirham profit for the first half of the previous year.
Read more:
Ukraine’s President Zelensky hospitalized due to COVID-19
American Airlines restarts flights to China, bringing weekly US/China flights to ten
Gates Foundation pledges $70 mln for COVID-19 vaccines, equal access
-
Coronavirus: Emirates airline asks some pilots to take 12 months unpaid leave
Dubai’s Emirates airline is asking some pilots to take a year of unpaid leave as it seeks to cut costs due to the impact of the coronavirus ... Coronavirus -
Coronavirus: Abu Dhabi, other UAE emirates resume tourist visas after COVID-19 halt
The UAE resumed issuing entry permits, including tourist visas, on Thursday, the official news agency WAM reported.The country had suspended the ... Coronavirus -
Emirates airline launches Kosher Arabia to produce meals for Jewish customers
The Emirates airline group announced Thursday it will set up a production facility for kosher meals in the UAE to serve to Jewish customers, two days ... Travel and Tourism