9-Jun-2010 11:01 AM

Emirates expects USD1bn profit in 2010

Emirates Airlines is on track to report a USD1 billion profit in 2010, with CEO, Tim Clark, stating its 2010/2011 profits will be bigger than the FY2009/2010 profit of just under USD1 billion (The National/Reuters, 07/08-Jun-2010). Mr Clark added that passenger and cargo demand remains strong, with the carrier already "well ahead" of forecasts.