Sunday, May 22, 2022 - 19:56:59
12 results - (0.001 seconds)

Emirates Group:

Contact Newsletter-online.com: [NewsMag]

latest news at page 1:
1
    Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates.Christopher Pike | Bloomberg | Getty Images Dubai's Emirates Airline posted a loss of $1.1 billion in the year through March, up from a $5.5 billion loss the previous year, despite soaring jet fuel costs which threaten to overshadow a nascent recovery in the global aviation sector. The world's largest long haul carrier said Friday that revenue jumped 91% to $16.1 billion dollars, helping to narrow its losses, as travel lockdowns eased from the worst of the coronavirus pandemic and the airline added capacity. "2021-22 was largely about recovery, after the toughest year in our Group's history," Emirates Group Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum said in a statement on Friday.   "We expect the Group to return to profitability in 2022-23, and are working hard to hit our targets, while keeping a close watch on headwinds such as high fuel prices, inflation, new COVID-19 variants, and political and economic uncertainty."VIDEO1:3601:36Emirates CEO defends continued flights to RussiaCapital ConnectionThe airline had resumed flights to 140 destinations...
    DUBAI, United Arab Emirates (AP) — One of the world’s biggest airlines and the Mideast’s top carrier, Emirates Air, said Friday it lost $1.1 billion over the past fiscal year, but that figure still marks an 80% improvement from the year before. The airline said revenue was up 91%, reaching $16.1 billion. As Emirates Air claws it way out of the worst of the pandemic, its main hub of Dubai International Airport remains the busiest in international travel. Emirates expects to climb out of the red and see profits this year as it plans to start paying back its shareholder, the Dubai government, some of the $4 billion it threw the airline to stay afloat amid COVID-19 lockdowns. The carrier’s success and financial health is seen as a bellwether of Dubai’s own economy, which relies heavily on tourism, foreign investments and real estate purchases by the world’s elite. The emirate, which is part of the United Arab Emirates, was quick to swing open its doors to foreign travelers with few requirements for entry after a brief, but extremely stringent...
    FUJAIRAH, United Arab Emirates (AP) — The British navy says the hijackers who boarded a vessel off the coast of the United Arab Emirates in the Gulf of Oman have left the targeted ship, without elaborating. The notice on Wednesday came after the British military’s United Kingdom Maritime Trade Operations warned of a “potential hijack” under unclear circumstances underway the night before. The group reported that the “incident (is) complete.” It did not provide further details. Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    FUJAIRAH, United Arab Emirates (AP) — Group run by British navy: Hijackers have left targeted vessel off the United Arab Emirates’ coast in Gulf of Oman. Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    DUBAI, United Arab Emirates (AP) — Group run by British navy now calls incident off the United Arab Emirates’ coast a ‘potential hijack.’ Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    By Rania El Gamal, Olesya Astakhova and Ahmad Ghaddar MOSCOW / DUBAI / LONDON, Jul 18 (.) – OPEC + ministers agreed on Sunday to increase oil supplies from August to cool prices, which have risen to two-and-a-half-year highs following an economy recovery. world of the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, agreed on new production allocations starting in May 2022, after Saudi Arabia and other countries agreed to a request from the United Arab Emirates (UAE) that had threatened the plan. “We are happy with the deal,” UAE Energy Minister Suhail bin Mohammed al-Mazroui told a news conference. Saudi Energy Minister Prince Abdulaziz bin Salman declined to answer questions about how consensus was reached. Last year, OPEC + cut production by a record 10 million barrels per day (bpd) as demand collapsed from the pandemic and drove prices down. The group has gradually restored part of the supply to bring the reduction to some 5.8 million bpd. From August to December 2021, the group will increase supply by another 2 million bpd, or...
    The Dubai airline group made the announcement on Monday, January 18. For Emirates, the health of employees is paramount. Vaccination program launched this Monday morning The airline group of Dubai, Emirates, announced on Monday (January 18th) a campaign to vaccination against the Covid-19 for its staff based in United Arab Emirates. Launched this morning, it should concern tens of thousands of employees. Priority to frontline employees The group said in a statement that the vaccination will be done with the remedy of Pfizer-BioNTech and that of Sinopharm, reports Le Figaro. Front-line employees will be the first to be affected. These include flight personnel, pilots, etc. “Preserving the health and well-being of employees” The aeronautical flagship of Dubai pointed out that this program of vaccination intended to “preserve the health and well-being of employees”. In terms of the number of vaccinated, Emirates are in second place, behind Israel, according to the site Statista. To date, the country has vaccinated around 14% of its population. Follow the wholenews in the world on ....
    DUBAI – Emirates Group, the owner of the Middle East’s biggest carrier, reported Thursday it lost $3.8 billion in the first half of the year, its first net loss in over three decades after the pandemic wiped out air travel. The state-owned company said revenue for its Dubai-based airline, Emirates, had dropped 75% to $3.2 billion from the same period a year ago, even with this year’s 52% reduction in operating costs and rise in cargo traffic. The long-haul carrier parked its planes for two months as virus-induced lockdowns took hold around the world. Even when restrictions were loosened, passenger traffic was still down 95% from pre-pandemic levels. Emirates flew just 1.5 million passengers between April and September. Last year, Emirates carried around 58 million, helping Dubai’s airport maintain its claim of the world’s busiest for international travel. “We began our current financial year amid a global lockdown when air passenger traffic was at a literal standstill,” said Chairman Sheikh Ahmed Bin Saeed Al Maktoum. “No one can predict the future, but we expect a steep recovery in travel...
    Tropical Storm Eta dumps blustery rain on Florida west coast Australia Post will deliver mail to Aboriginal place names Emirates Posts $3.8 Billion Loss After Virus Sunk Air Travel (Bloomberg) -- Emirates Group, owner of the world’s largest long-haul carrier, slumped to its first loss in more than 30 years after the coronavirus pandemic reduced demand for air travel to a trickle. © Bloomberg Passenger aircraft, operated by Emirates, stand beside the terminal building at Dubai International Airport in Dubai, United Arab Emirates, on Monday, May 18, 2020. Emirates Group is considering plans to cut about 30,000 jobs as the operator of the world’s largest long-haul carrier seeks to reduce costs after the coronavirus pandemic grounded air travel. The 14.1 billion dirham ($3.8 billion) loss for the state-owned company came alongside a 24% reduction in headcount over the six months through September, Emirates said in a statement on Thursday. Revenue fell 74% as an increase in cargo traffic wasn’t enough to offset the decline of commercial flights. Load Error “We began our current financial year amid a global...
    DUBAI, United Arab Emirates (AP) — A seafarers organization says an oil tanker sought by the U.S. over allegedly trying to cirvcuvent sanctions on Iran was hijacked July 5 off the coast of the United Arab Emirates. David Hammond, the CEO of the United Kingdom-based group Human Rights at Sea, said he took a witness statement from the captain of the MT Gulf Sky confirming the ship had been hijacked. Hammond said Wednesday that 26 of the Indian sailors on board had made it back to India, while two remained in “Tehran.” Hammond said he had no other details on the vessel. TankerTrackers.com, a website tracking the oil trade at sea, said it saw the vessel in satellite photos recently in Iranian waters. The Emirati government and the U.S. Navy’s Bahrain-based 5th Fleet did not immediately respond to requests for comment. Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
1