Friday 1 April 2011

Emirates sees bumpy ride - Emirates 24/7

Unrest in the Middle East and North Africa could hit revenue at Emirates by 3-5 per cent and Japan's nuclear crisis will slam the air travel market there, the head of Dubai-based airline said.

But unlisted Emirates, one of the Arab world's biggest carriers and a sector bellwether, has been able to shift capacity away from the turmoil sweeping the region and expects business in Japan to roar back, President Tim Clark said.

As tumult grew when protests swelled, Emirates halted service to Libya and cut back flights to Tunis and Egypt.

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