Emirates airline profit more than doubles on cargo demand
AFP
| 2018/05/09 | 419 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Leading Middle East airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business.The Dubai flagship carrier posted a 124 percent increase in net profit to $762 million (644 million euros) in the fiscal year ending in March.Despite the sharp increase, the profit is still way below the $1.9 billion the airline recorded in the 2015-16 financial year."We benefitted from a healthy recovery in the global air cargo industry, as well as the re...(…)
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