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Emirates reports 2008/09 USD268 million profit. Weathers the storm, but some damage suffered

Analysis

Emirates' financial result for full year 2008/09 - a net profit of USD268 million - stands out among a host of negative reports from airlines across the world. It is greatly reduced from the previous year's record USD1.45 billion, but, in the two worlds of 2008/09 - from soaring fuel prices to slumping demand - this was no mean performance.

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