Emirates Airline has posted 124% profit growth for its most recent financial year, delivering a AED2.8 billion ($762 million) profit despite “strong competitive pressure across all markets” and higher fuel prices. For the 12 months ended March 31, passenger numbers rose 4% to 58.5 million, pushing load factor up 2.4 points to 77.5%. “The increase in passenger seat factor compared to last year’s 75.1%, is a result of successful capacity management in response to ...

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