Bangladesh, Nov. 5 -- After accounting for income tax, the Group posted a profit after tax of US$1.0 billion, down 66% from the corresponding period last year. Group revenue reached US$18.0 billion, a 12% decline from US$20.6 billion a year earlier.

While, Emirates airline recorded a profit before tax of US$1.0 billion, compared with US$3.1 billion in the same period last year. Revenue, including other operating income, declined 13% to US$15.5 billion. Profit after tax stood at US$903 million, down 66%.

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, said: "It has been a demanding six months, and once again our business model and our people stood up to the test."

Sheikh Ahmed bin Saeed Al...