Emirates profit outlook positive as it enters 2009

Premium Analysis

Despite the 88% cut in profitability during the first half of its current financial year, Emirates is still maintaining an air of confidence about its financial performance as its enters 2009. The carrier’s vice-Chairman, Maurice Flanagan, has described the current economic slowdown as a “hiccup”, and forecast global passenger traffic growth of approximately 5% would return after the worst of the crisis has passed, expected to bottom out within the next 12 months.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,078 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.