Emirates airlines first half profit surges on cheaper fuel, cost cuts - Reuters:
Emirates, one of the world’s biggest international airlines, said on Thursday profit nearly quadrupled in the first half of the year, bouncing back from a decade low half-year profit a year ago.
Dubai-based Emirates, which is owned by the state, benefited from a decline in global fuel prices although it said it was hit by unfavorable currency movements.
The airline, which said last month its profits would be considerably better, made 862 million dirhams ($235 million) in the six months to Sept 30, compared to the 226 million dirhams it made a year ago.
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