04-Nov-2010 9:58 AM
Emirates: The billion dollar machine
Analysis
Dubai's Emirates has continued the astonishing run of profitability displayed by large carriers this reporting season, revealing a USD925 million net profit for the first six months of the financial year to 30-Sep-2010. The figure is a 351.2% increase compared with the USD205 million profit it reported for the same period in 2009, and just USD40 million shy of the net profit it reported over the 2009/10 financial year.
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