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Emirates sees strong growth in second half despite instability in region

2-May-2011 1:09 PM

Emirates forecasts strong growth in 2H2011 despite the political instability in the Middle East and North Africa region (Gulf News, 02-May-2011). Senior VP Ahmad Khoury stated that the second half of the first quarter was a "struggle" in contrast to the first half, but the overall first half financial were "extremely positive". He also stated figures for Dubai were strong, benefiting from an upsurge in tourism following political instability in many other MENA countries. "Dubai is looking strong. The number looks very positive in terms of inbound tourism. Emirates has played a major role in putting Dubai on the map and our network is growing at a similar rate to our fleet," he said. Mr Khoury added that new routes to Geneva, Copenhagen, Rio and Buenos Aires would add to growth in 2011.