Sheikh Ahmed: Emirates set for stronger annual earnings - The National:
"Emirates airline, the world’s biggest long-haul carrier, expects a stronger performance in its current fiscal year than the last, as it benefits from a reversal in US President Donald Trump’s electronics ban and closer ties with low-cost sister service flydubai. Emirates is also seeking to raise $1.1 billion in an Islamic bond sale, with the proceeds to be used partially for aircraft financing, chairman of Emirates Group Sheikh Ahmed bin Saeed said on the sidelines of a GE Aviation event in Dubai on Tuesday. The airline expects an increase in annual earnings for the fiscal year ending March 31 compared with the previous year. “It’s going to be better than last year in general,” Sheikh Ahmed said, declining to provide details of the growth."
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