Abstract
This study investigated the impact of capital structure on business performance of emirates airline. To that end, a time series analysis conducted over the period 1990 to 2015. Econometric models were developed and tested. In this regard three econometric models were developed. The dependent variable were Return on Assets, Return on Equity and Net Profit Margin while the Independent variable were Debt to Assets and Debt to Equity. Time series data assumption stationary was checked through Augmented Dickey Fuller test. To examine the impact of capital structure on business performance multiple regression and correlation analysis were applied. Results showed that there is no significant impact of debt to asset (DTA) on business performance, while debt to equity (DTE) has significant impact on the business performance of Emirates Airline.