Emirates Airline profit drops as Iran war thins Gulf transit
Cargo business and fuel hedges kept the Dubai carrier in the black, while drone attacks on Dubai International led to limits on rival foreign airlines.
Emirates' half-year profit fell by two-thirds, reports say, as the Iran war kept transit passengers away from Gulf hubs.
The closure of the Strait of Hormuz sent jet fuel prices soaring.
A healthy cargo business and fuel hedges kept the airline in the black.
After drones targeted Dubai International in March, foreign airlines were briefly suspended, then limited to one round trip a day.
British Airways resumed its London-Dubai route this week, its first return since the war began.