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Emirates half-year results indicating aviation is slowly recovering from COVID

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Emirates plans to swap Boeing 777X for Dreamliner

Emirates has announced its half-year results for its 2021-22 financial year – and its showing positive signs the aviation sector is slowly recovering

The Emirates group revenue was US$ 6.7 billion for the first six months of 2021-22, up 81% from US$ 3.7 billion during the same period last year. This strong revenue recovery was underpinned by the easing of travel restrictions worldwide and the corresponding increase in demand for air transport as countries progressed their COVID-19 vaccination programmes. 

The Group reported a 2021-22 half-year net loss of US$ 1.6 billion – substantially improved from its US$ 3.8 billion loss for the same period last year.

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates says “as we began our 2021-22 financial year, COVID-19 vaccination programmes were being rolled out at unprecedented scale around the world.

“Our cargo transport and handling businesses continued to perform strongly, providing the bedrock upon which we were able to quickly reinstate passenger services. While there’s still some way to go before we restore our operations to pre-pandemic levels and return to profitability, we are well on the recovery path with healthy revenue and a solid cash balance at the end of our first half of 2021-22.”

Sheikh Ahmed added: “We would like to thank our customers for their continued support, as well as all our aviation and travel industry stakeholders and partners for their efforts that have made it possible for international air travel to resume safely and smoothly.”

The Emirates Group has been able to tap on its own strong cash reserves, and access funding through its Owner and the broader financial community to support its business needs through the unprecedented challenges wrought on the aviation and travel industry by COVID-19.

Emirates is recovering, slowly, following the COVID pandemic / Image: File

In the first half of 2021-22, the UAE, who ones the airline, further injected US$ 681 million into Emirates by way of an equity investment and they continue to support the airline on its recovery path

The Emirates Group’s employee base, compared to 31 March 2021, dropped marginally by 2% to an overall count of 73,571 at 30 September 2021. In line with the expected ramp up in capacity and business activities in the coming months, Emirates and dnata have embarked on targeted recruitment drives to support its requirements, prioritising the rehiring of employees previously on furlough or made redundant.

Emirates continues to make changes in order to return to profit.

Continued recovery and the changes Emirates has made

During the first six months of 2021-22, Emirates took delivery of 2 new A380s and retired 2 older aircraft from its fleet as part of its long-standing strategy to improve overall efficiency, minimise its emissions footprint, and provide high quality customer experiences.

With a clear focus on restoring its passenger network and connections through its Dubai hub, Emirates responded with agility whenever travel restrictions lifted to restart services or layer on additional flights. In July, it launched services to Miami, a new destination, and during the first half of 2021-22, Emirates also activated codeshare and interline partnerships with Airlink, Aeromar, Azul, Cemair and South African Airways to expand connectivity options for customers.

By 30 September, Emirates was operating passenger and cargo services to 139 airports around the world, utilising its entire Boeing 777 fleet and 37 of its superjumbo A380s.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Top travel tips to avoid jet lag

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These travel tips will help you reduce jet lag the next time you travel abroad

 
We all love a holiday but, unfortunately, when you’re travelling long distances it often comes with a side of jet leg.

So what causes it and are there any ways to avoid that drowsy feeling?

After years of lockdowns and travel restrictions, people are finally back in the skies and venturing to destinations right around the world.

The term “jet lag” describes the physical and cognitive symptoms people experience when traveling quickly across several timezones.

Before you leave, you’re synchronised to your local time and once you enter a new timezone, your body’s rhythms are thrown out of whack.

The experience of jet lag varies between people because we all have our own internal rhythm.

Most have a natural daily cycle of about 24.2 hours.

But some people have slightly longer cycles than others, and this could play a role in how a person experiences jet lag.

Research shows if you have a longer cycle you might adjust quicker to westward travel.

We also get a little less resilient as we age, so the older you are, the worse the jet lag may be.

So does the direction of travel matter? Scientists think so.

Many people find westward travel easier. This is when you, essentially, gain time.

But that’s not always possible – so here are some tips to help you through the pain, or even avoid it, in the first place:

1. If you’re trying to shift your body clock, you should start on the plane. Do this by setting your watch to your destination’s timezone and line up your activities, like sleep and meals, accordingly.

2. Next, keep your caffeine and alcohol intake low on the journey to help aid both sleep and hydration.

3. When you arrive, try your absolute best to sleep during the local night time and rest during the day as needed.

4. You can take a nap – but make sure it’s 30 minutes or less.

5. If you’re prone to or experience tummy trouble while traveling, stick to small meals and only eat when you’re hungry.

6. Finally, you should also expose yourself to sunlight throughout the day when adjusting to your new timezone.

Happy travelling! #trending #featured

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Young people join protest in France against pension reforms

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Young people are taking to the streets in France as Macron pushes ahead with raising nation’s retirement age

 
Huge crowds have gathered in France in recent weeks to protest a controversial rise in the country’s pension age by two years to 64.

Some of the marches have turned violent.

While the reform is most relevant to those approaching retirement, many young people are also taking to the streets.

But why might that be?

The French youth have joined the protests in growing numbers since the government bypassed parliament to push the plans through.

Every night for the past few weeks, 18-year-old Charles Chauliac has been making his voice heard. Not just for his parents, but for himself.

“I am against this reform simply because I have two parents who are killing themselves at work and damaging their health and I don’t want to see them die at work. My father, he works every day, he gets up to get on the tarmac at Charles de Gaulle airport at 5 a.m. to load the planes. I find it difficult to imagine myself at 64 getting up at 3 a.m.”

Chauliac is part of groups started by university students to organize unauthorized demonstrations, which are usually carried out in the evenings.

While a few protesters have been seen torching bins and throwing rocks at police, Chauliac insists he hasn’t.

Opinion polls show a wide majority of voters are opposed to the pension bill.

They are further angered by Macron’s leadership style and the government’s decision to skip the parliamentary vote.

“For young people like me, we grew up with the hope of being able to influence our society. And when we see that decisions are made without consulting the people who make up this society, that takes away the possibility of being able to change things.”

Many students, like Chauliac, have been joining private groups on social media which help students mobilize for spontaneous protests.

He says they help prevent the groups being noticed by police.

But does Chauliac worry about the repercussions, should the demonstrations get out of hand?

“I wonder about that, because I know what can happen to us too, we see the images and we see what happens to fellow protesters, but that wouldn’t prevent me from demonstrating, because I’m so outraged that it surpasses potentially endangering myself.”

Macron recently said he would press ahead with the reforms.

Unions have called for regional action, and the continuation of nationwide strikes and protests. #trending #featured

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Tech

Facial recognition has been used a million times by U.S. police

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Controversial facial recognition has been used a million times by police to help track criminals

 
As facial recognition becomes more prominent, the founder of tech firm Clearview says his company has run nearly a million searches for U.S. police.

It’s also been revealed the company has scraped 30 billion images from platforms such as Facebook and Instagram, taken without users’ permissions.

The company has been fined numerous times in Europe and countries like Australia for breaches of privacy laws.

In the U.S., critics say the use of Clearview by authorities puts everyone into a “police line-up”.

The company’s high-tech system allows law enforcement to upload a photo of a face and find matches in a database comprising of billions of images it has collected.

It then provides links to where matching images appear online.

The tool is considered to be one of the world’s most powerful and accurate.

While the company is banned from selling its services to most U.S. companies, there is an exemption for police. #trending #featured

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