Emirates Airline is back in profit for the first time since the start of the pandemic.
That’s according to the airline’s President Sir Tim Clark, who spoke to Dubai Eye 103.8's The Business Breakfast on the sidelines of the Dubai Airshow.
He said that Emirates has begun making money over the past couple of weeks.
Clark added that demand is so strong that Emirates would like to have its entire fleet of A380s back in the air - but said "the only reason we’re not is we can’t get the pilots".
Oil prices surge to highest since 2022 at over $119 a barrel
Oil prices surged over $119 a barrel, hitting levels not seen since mid-2022, on Monday as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran.
HSBC CEO says confidence in GCC remains despite regional developments
HSBC on Monday expressed confidence in the Gulf Cooperation Council (GCC) members' economic prospects as the region and the wider Middle East brace for the economic shock from the U.S.-Israeli conflict with Iran.
Silal, National Agricultural Centre partner to boost UAE food security
Silal, an Abu Dhabi agri-food and technology company, has announced the expansion of its operations in Ras Al Khaimah in collaboration with the National Agricultural Centre.
No decision yet on G7 releasing oil stocks, France's Lescure says
G7 countries have not made a decision yet on the potential release of emergency oil stocks in the wake of the U.S.-Israeli conflict with Iran, France's Finance Minister Roland Lescure said on Monday.
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