DUBAI (Reuters) – Emirates airline reported a 69 percent fall in full-year profit on Thursday, which it blamed on higher oil prices, a strong dollar and intensified competition.
The airline, owned by the government of Dubai, made a net profit of 871 million dirhams ($237 million) in the year to March 31, compared with 2.8 billion dirhams in the previous year.
(Reporting by Alexander Cornwell; Editing by Kirsten Donovan)