Emirates invests in its future leadership

Notes and media contacts

Contact: Frances Barton, Emirates' Media Relations, Tel: (+9714) 203 2144;
M: (+97150) 650 3900

About Emirates
Since its launch in 1985, Emirates Airline has received more than 250 international awards in recognition of its efforts to provide unsurpassed levels of customer service.
The airline has experienced rapid and consistent growth, above 20 per cent a year on average and has been profitable for the last 17 years. Financially self-sustained and unprotected, Emirates carried 10.4 million passengers in the 2003-04 financial year - almost two million more than the year before - and declared a record US$ 429 million profit, an increase of 73.5 per cent over the previous year, on revenue of US $3.6 billion - nearly $1 billion more, or 37 per cent better than the year before.

Emirates is the world's fastest-growing intercontinental airline, one of the world's five most profitable and among the 20 largest ones. It is based in Dubai, one of the few cities in the world that pursues an open-skies policy, with more than 100 airlines in free and fair competition.

Its 69 all wide-bodied fleet includes five Boeing 747 freighters, and is among the youngest in the skies, with an average age of 46 months. The airline plans to more than double its size by 2012.

London Business School is the graduate school of business at the University of London. Founded in 1965, the School graduated over 800 MBAs, Masters in Finance, Sloan Masters and PhDs from over 70 countries last year. With 80 per cent of students and 70 per cent of faculty from outside the UK, London Business School is the most international institution of higher education in the United Kingdom. Each year its executive education programmes serves 5,000 managers. Both the full time MBA and Executive MBA programmes are consistently ranked amongst the world's best: the full time MBA was ranked number seven in the world in the Financial Times Business Education Survey 2003. For more information