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Emirates airline chalks record annual profit as travel demand booms

ArchiveMay 16, 202486Views

An Emirates Airlines plane Karim Sahib | AFP | Getty Images DUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, up 63% from the year prior. The flag carrying airline of the UAE's glitzy commercial capital has enjoyed…

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UAE hit with severe flooding as record rainfall disrupts Dubai flights

People wade through submerged street after heavy rain in United Arab Emirates on April 16, 2024. Anadolu | Anadolu | Getty Images DUBAI — One of the world's busiest airports temporarily halted operations as the United Arab Emirates experienced its heaviest rainfall on record. The downpour prompted flight cancellations and delays at Dubai's international airport,…

April 24, 202486Views

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NASA releases satellite photos of record UAE flooding

NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed much of the country. The images, taken by NASA Earth Observatory on Friday using Landsat data from the U.S. Geological Survey, show large patches of…

April 24, 202495Views

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Airline execs predict record summer, even more demand for first class

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines "as an airline and as an industry"…

April 24, 202482Views

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Record rainfall causes airport chaos, other disruptions

TOPSHOT - Cars are stranded on a flooded street in Dubai following heavy rains on April 18, 2024. Dubai's giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on April 18, a day after the heaviest rains on record. Giuseppe Cacace | Afp…

April 24, 202482Views