Emirates Profit Collapses as Iran War Grounds Middle East Aviation

✈️ DUBAI — The Gulf's flagship carrier is bleeding while its hub sits under a war premium. 📌 LOOK CLOSER: Emirates absorbing profit collapse signals the UAE economy is paying war costs regardless of Abu Dhabi's diplomatic posture. A crippled Emirates compresses UAE fiscal bandwidth — the same government Al Jaber needs solvent to push diplomacy. Gulf aviation losses now quantify the economic case for de-escalation that oil numbers alone couldn't make.