Emirates Group said that "under the circumstances" its AED1.49 billion ($405.6 million) profit in the fiscal year ended March 31, a 72% drop from the record AED5.3 billion posted in 2007-08, was a "satisfactory result" and demonstrated its "flexibility in a challenging economic period." Group revenue rose 10.4% to AED46.3 billion but profit suffered as a result of "the record fuel prices in the first six months of the [fiscal] year and the impact of the global recession," EK said. Fuel ...

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