Emirates: Profits Soar to $951.9m

12.05.2010 Aviation

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Emirates airline, the Arab world's largest carrier, reported a sharp rise in full-year profits to 3.5 billion dirhams ($952.9 million), up from 686 million dirhams in the prior year.

The airline said it expected passenger and cargo volumes to grow this year. "The group will continue to achieve double digit growth through 2010-2011," said Sheikh Ahmed bin Saeed al Maktoum, Emirates Chairman and Chief Executive."    

 


The airline, which has $55 billion in equipment orders with Airbus and Boeing, said it would take delivery of seven additional A380s and one Boeing 777 in 2010-2011.


Sheikh Ahmed said the airline planned to announce new aircraft orders, likely at the Farnborough airshow, and was in talks with both manufacturers.    

 
 



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