Emirates profit more than doubles on currency boost, fewer staff | ZAWYA MENA Edition:
"Emirates airline on Wednesday reported a sharp increase in profits for 2017 as a favourable dollar exchange rate and lower staff numbers helped the long-haul carrier to rebound from a profit fall in its previous financial year, its first annual profit decline in five years. Emirates' profit more than doubled to 2.8 billion dirhams ($762 million) in the financial year to March 31, compared with 1.3 billion dirhams a year earlier, the airline said. Airlines around the world have been battling pressure on fares over the last couple of years due to volatile demand and fierce competition."
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