Emirates Group H1 profit plunges 66% on Gulf conflict, fuel costs

Emirates Group reported a 66% drop in first-half profit as passenger numbers fell 22% and revenue declined 12% to $18 billion, driven by the Gulf conflict and rising fuel costs. The airline's exposure to regional airspace closures and higher input costs underscores the economic toll of the conflict on regional carriers. The magnitude of the decline signals a sharp deterioration in travel demand and operating conditions, though the duration of the conflict remains a key uncertainty.

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