Emirates Airline expects its profits to exceed $1 billion in 2010 and is close to finalising a deal to sell its stake in Sri Lankan Airlines, according to a media report.
Speaking on the sidelines of a conference at ILA Berlin, the company's President Tim Clark said the airline's profits will surpass its 2009 earnings, which were just shy of $1 billion.
"We will exceed it. We are well ahead of our forecasts already," Clark told reporters.