A better first half in this current financial year than a year ago
8th October 2017 - Dubai: Emirates has had a better first half in the current financial year than the same period a year ago when it reported a 75% decline in profits.
Results a year ago were affected by a strong dollar and tougher competition as it filled a lower percentage of seats on a year-on-year basis.
This year, Emirates has had to contend with travel restrictions imposed by the US which mostly impacted carriers in the Middle East, though have since largely been lifted.
The airline cut frequencies on some US flights in a response to those restrictions weakening passenger demand.
Clark said demand had fallen by around 15 percent to 18 percent on US flights, though the airline had just had “a very robust summer” there