Emirates has had to reduce its workforce by 31 per cent to 75,145 employees. They also cut their fleet by 11 aircraft.
And it only carried 6.6 million passengers during 2020 and 21, a reduction of 88%.
“The COVID-19 pandemic continues to take a tremendous toll on human lives, communities, economies, and on the aviation and travel industry,” said Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group.
“In 2020-21, Emirates and dnata were hit hard by the drop in demand for international air travel as countries closed their borders and imposed stringent travel restrictions.”
There was some support for Emirates despite the huge loss, however. They received AED 11.3 billion (US$ 3.1 billion) from the Dubai government.
And with travel routes slowly opening up across the world, hopefully the airline can bounce back over the next few years.
The DubaiLAD team can’t wait to get travelling on an Emirates plane!