Emirates profit outlook positive as it enters 2009
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.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: firstname.lastname@example.org