Emirates Group announces half-year performance

The Emirates Group has reported group revenue of AED 24.7 billion (US$ 6.7 billion) for the first six months of its fiscal year 2021-22, up 81% from AED 13.7 billion (US$ 3.7 billion) during the same period last year. The group says that the strong revenue recovery was underpinned by the easing of travel restrictions worldwide and the corresponding increase in demand for air transport as countries progressed their COVID-19 vaccination programmes. The Group is reporting a 2021-22 half-year net loss of AED 5.7 billion (US$ 1.6 billion), substantially improved from its AED 14.1 billion (US$ 3.8 billion) loss for