Coronavirus: Emirates airline posts first loss in more than 30 years

Dubai-based Emirates airline on Thursday posted its first loss in more than three decades, saying it had been badly hit by the coronavirus lockdown that brought air transport to “a literal standstill”.The Middle East’s largest carrier said it suffered a US$3.4 billion loss in the six months to September, prompting its parent group to slash its workforce by a quarter.“In this unprecedented situation for the aviation and travel industry, the Emirates Group recorded a half-year loss for the first…

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