Fiscal Year

Emirates Group Reports Most Profitable Year Ever

A few days ago, the Emirates Group released its annual report for 2022-23, which turned out to be its best ever, with a new record profit. Following the lifting of almost all pandemic-related restrictions worldwide, there was a complete turnaround from last year’s loss. Emirates Group posted a record profit of AED 10.9 billion ($3.0 […]

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Ryanair’s Profits Keep Rising, But Not for Long

Ryanair presented the fiscal year 2017 results, showing an increase of profits of ten percent, or £1.27 billions after tax. Despite one of its roughest years, when a combination of bad publicity, bad programming, pilot strikes and resignations hampered the low-cost carrier’s operations, the airline still turned a profit. Passenger numbers are on the rise too. […]

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