Emirates Expects Profit Decline From Increased Fuel Bill
Emirates expects its net profit to decline in the 2008-2009 fiscal year as the airline faces a massive increase in its fuel bill. The airline’s internal projections see it post about a AED5 billion net profit in the year ending March 30, 2009. That compares to a AED5.3 billion (US$1.45 billion) net...
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