26.4 C
Wednesday, June 26, 2019


profit boost, airlines, Middle East

$1.3 billion profit boost expected in Middle Eastern airlines

The IATA, or “International Air Transport Association”, has informed that as per its expectations, the airlines sector in the Middle East could possibly see a profit boost of either “$1.3 billion” in 2018 or...

Emirates facing double whammy of rising fuel cost and stronger dollar

According to the president of Saudi Arabia’s Emirates airline, the combination of rising fuel prices and a stronger dollar has resulted in the airline operator receiving a “double whammy”. “We have very strong summer bookings...