Emirates annual profit rises 40 per cent to Dh4.6 billion | The National

Emirates annual profit rises 40 per cent to Dh4.6 billion | The National:



"The Dubai carrier Emirates on Thursday reported a 40 per cent jump in annual net profit aided by savings from lower oil prices.



The airline, one of the world’s largest carriers of international passengers, posted a profit of Dh4.6 billion for the financial year to March 31, chairman and chief executive Sheikh Ahmed bin Saeed told a news conference.



Sheikh Ahmed said lower oil prices had saved the airline around Dh2bn during the financial year.



The world’s biggest customer of the Airbus A380 superjumbo said profit for the wider Emirates Group, which includes airline services arm Dnata, rose 34 per cent to Dh5.5bn."



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