Tag: profit growth

Young Estonian Carrier Posts Its First Profit

Reading Time: 2 minutes A 68 per cent surge in passenger numbers is behind an unexpectedly successful financial performance for Estonian national carrier Nordica’s second full year of operations, when it managed to achieve some 0.9 million euros of profits, despite a forecast loss of around six million euros for the period. Jaan Tamm, chairman of the management board […]

Emirates Returns to Profit Growth at Lowest Margins Since 2012

Reading Time: < 1 minute Emirates has posted half year results which show a return to profit growth after a challenging year in 2016-17 that prompted widespread changes in the way the airline organizes itself. In 2016-17 Group profits fell by 64 percent and airline profits by 75 percent. Half year results announced by the airline for 2017-18 show Group […]