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EMIRATES NET PROFITS SOAR

DUBAI, Emirates reported a 40,2% increase of net profits for the fiscal year ended March 31. Earnings soared by 24,1%, passengers grew by 19,8% and cargo went up by 12,8%. "Jet fuel prices continued to rise but our fuel-purchasing policy saved us 200 million dirhams over the year, compared to buying at prevailing market prices", said Chairman Sheikh Ahmad ibn Saeed Al-Maktoum. The airline currently...

AVIONEWS - World Aeronautical Press Agency - 11931
Rome, Italy, 05/03/2001 09:12
AVIONEWS - World Aeronautical Press Agency

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