Will Emirates airline revenues for FY 2021-22 reach at least 75% of FY 2019-20 revenues, or AED 68,979 million?
The COVID-19 pandemic hit airlines particularly hard, with Emirates airline's total revenue for the fiscal/financial year (FY) 2020-21 declining 66% to AED 30.9 billion, or US$ 8.4 billion (Emirates, Emirates - 2021 Annual Report). The question will be suspended on 31 March 2022 and the outcome determined using data reported in Emirates Group's (the airline's parent company) annual report for FY 2021-22, expected in the summer of 2022 (Emirates Group). Emirate Group's FY 2021-22 runs from 1 April 2021 to 31 March 2022. For FY 2019-20, Emirates airline reported revenue of AED 91,972 million (Emirates - 2021 Annual Report, see "Revenue and other operating income" on page 188).