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Emirates profits up 49%, $708m
- United Arab Emirates: Wednesday, April 27 - 2005 at 13:41
Emirates Group has declared a 49% surge in profits to $708m for the year 2004-5, on revenues ahead by 36% to $5.2bn. Chairman Sheikh Ahmed bin Saeed Al Maktoum said that the profit came despite $1bn in extra fuel costs of which only 47% was covered by a surcharge.
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Peter J. CooperWednesday, April 27 - 2005 at 13:41 UAE local time (GMT+4)
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This article was updated on Sun Dec 31 2006.
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