AeroBrief | Emirates profit drops 86%
In the skies on November 16, 2018: After anticipatory warning that its finance sheets are not going to look good, Emirates finally revealed just how much its profit dropped.
Emirates posts 86% profit drop
After anticipatory warning that its finance sheets are not going to look good, Emirates finally revealed on November 15, 2018, a 53% profit drop. And that is just for the group, which is partially saved by growing dnata (Dubai National Air Transport Association) profitability.
Emirates airline, on another hand, suffered a stunning 86% decline, posting only $62 million profit in the first half of 2018/19. The airline leadership has previously warned of weak results coming in, saying the period was not a “walk in the park” because of increasing fuel costs, strong dollar and global economy instability.
Spacewalk for the hole
Russia is preparing to send two cosmonauts to perform a spacewalk in order to examine a hole found on the International Space Station back in August 2018. Around 2 mm wide hole was discovered on Soyuz MS-09 spacecraft docked on the ISS, after air leak. Astronaut have since fixed it, by applying tape and epoxy.
Take a look at American Airlines new uniforms
American Airlines begins field testing their new uniforms, expected to roll out in 2019.
Strikes brewing at Eurowings
Lufthansa subsidiary Eurowings might be facing strikes, as fruitless negotiations with Verdi are starting to get on the unionists’ nerves. Verdi claims the root of the problem is former Air Berlin regional airline LGW (Luftfahrtgesellschaft Walter) - now operating for Eurowings. The strike threat was issued on November 16, without specifying a possible date.
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