Emirates Airline reported a 66% drop in net profit during the first half of its fiscal year as the US-Israel war in Iran disrupted regional air travel and sent jet fuel prices soaring. Net profit fell to 3.3 billion dirhams ($903 million) in the six months ended September 30, while revenue fell 13 percent to 56.9 billion dirhams ($15.5 billion), despite continued demand for travel and a solid contribution from its cargo operations. The war disrupted aviation across West Asia, forcing flight cancellations, delays and diversions, while rising fuel costs added pressure on regional airlines.

Emirates Airline reported a 66% drop in net profit during the first half of its fiscal year as the US-Israel war in Iran disrupted regional air travel and sent jet fuel prices soaring. Net profit fell to 3.3 billion dirhams ($903 million) in the six months ended September 30, while revenue fell 13 percent to 56.9 billion dirhams ($15.5 billion), despite continued demand for travel and a solid contribution from its cargo operations. The war disrupted aviation across West Asia, forcing flight cancellations, delays and diversions, while rising fuel costs added pressure on regional airlines.