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Earnings

News reports on quarterly and annual corporate profits and financial performance, offering insights into economic and market trends

Boeing 737 MAX aircraft are assembled at the Boeing Renton Factory in Renton, Washington. AFP

Boeing posts annual loss of $11.8 billion for 2024

AviationJanuary 28, 2025
Middle East airlines will end 2024 with an estimated $5.3 billion in net profit. Reuters

Middle East airlines make $23 profit per passenger in 2024

AviationDecember 10, 2024
Traders on the floor of the New York Stock Exchange. Reuters

Global stocks post weekly gains after strong US earnings season

MarketsNovember 23, 2024
Sales grew in key markets such as the UAE, Saudi Arabia and Kuwait, Lulu says. Bloomberg

Lulu Group’s Q3 profit more than doubles in first results since IPO

MarketsNovember 21, 2024
Etihad Airways' total revenue rose 21 per cent year-on-year to Dh18.4 billion in the first nine months of 2024. Photo: Etihad Airways

Etihad plans $1bn retrofit of Boeing jets as profits soar

AviationNovember 14, 2024
Adnoc Gas has access to 95 per cent of the UAE's natural gas reserves, the seventh largest globally. Photo: Adnoc

Adnoc Gas posts record second-quarter profit

EnergyAugust 12, 2024
Etihad Airways carried 8.7 million passengers in the first half of 2024, which accounted for more than 63 per cent of the total 13.7 million passengers using Abu Dhabi's Zayed International Airport from January to June. Photo: Etihad Airways

Etihad posts major profits as boss urges Boeing to 'deliver my planes on time'

AviationAugust 08, 2024
A Wizz Air plane takes off from Ferenc Liszt International Airport in Budapest, Hungary. Reuters

Wizz Air CEO sees 'volatile environment' as jet engine woes continue

AviationAugust 01, 2024
New Boeing chief Kelly Ortberg steps in at a time when the plane maker has been dealing with a safety and quality crisis. Bloomberg

Boeing names aviation veteran Kelly Ortberg as CEO

AviationJuly 31, 2024
Willie Walsh, head of International Air Transport Association, said supply chain delays and shortages continue to plague the industry. Photo: Iata

Global airlines raise 2024 profit forecast to $30.5bn

AviationJune 03, 2024
Emirates Group’s workforce grew 10 per cent year on year to 112,406 employees. AP

Emirates Group to pay staff 20-week bonus after record profit

AviationMay 13, 2024
Emirates Group announced a Dh4 billion dividend for the Dubai government. Victor Besa / The National

Emirates posts record $4.7 billion profit on soaring demand

AviationMay 13, 2024
Etihad Airways passenger traffic grew 41 per cent year-on-year to 4.2 million in the first quarter of 2024. Victor Besa / The National

Etihad Airways posts ninefold increase in first-quarter profits

AviationMay 09, 2024
Antonoaldo Neves, chief executive of Etihad Airways, said the airline plans to hire up to 2,000 pilots, cabin crew, mechanics and engineers this year. Chris Whiteoak / The National

Etihad preparing to be IPO-ready and expects to beat 2023 profit, CEO says

AviationMarch 06, 2024
The Jebel Ali Salik toll gate in Dubai. Victor Besa / The National

Dubai’s Salik reports Q4 profit growth after rising toll gate revenue

MarketsMarch 04, 2024
Flydubai's total revenue in 2023 rose 23% annually to Dh11.2 billion. Photo: flydubai

Flydubai posts record profit fuelled by travel boom

AviationFebruary 22, 2024
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