Dubai’s Emirates Airline narrowed its losses to $1.1 billion in the year to March, even as soaring jet fuel costs threaten to overshadow a recovery in travel demand. The world’s largest long haul carrier said revenue jumped 91% to $16.1 billion dollars, as travel lockdowns eased and the airline added capacity. Emirates posted a $5.5 billion loss in the previous year. “2021-22 was largely about recovery, after the toughest year in our Group’s history,” Emirates Group Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum said in a statement on Friday. “We expect the Group to return to profitability in 2022-23, ... (full story)