Hyderabad, Nov. 5 -- The Emirates Group's profit after tax fell 66 per cent to Dirham 3.6 billion (USD 1 billion) in the first half of 2026-27 as the Iran war disrupted aviation operations across the region and higher fuel prices increased costs. The results were announced on Thursday, November 5.

The Dubai-based aviation group recorded revenue of Dh 66.2 billion (USD 18 billion) for the six months ended September 30, down 12 per cent from Dh 75.4 billion (USD 20.6 billion) in the corresponding period last year.

Profit before tax stood at Dh 4.1 billion (USD 1.1 billion), while earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 41 per cent to Dh 12.5 billion (USD 3.4 billion).

The group's cash reserves sto...