Airline profit jumps

Published April 28, 2005

DUBAI, April 27: Dubai’s airline Emirates Group made record net profits of 2.6 billion dirhams ($708m) for the financial year to March 31, a whopping 49-per cent rise on the previous year despite high oil prices. “We’ve had yet another successful year for the company, and the 17th consecutive profitable one for the airline,” Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said in a statement.—AFP

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