Emirates Executive Vice Chairman Maurice Flanagan remains imperturbably upbeat despite the challenges facing the global air transport industry. Bucking all recent trends, including fuel price increases that have pushed the fuel element of total airline costs from 13% five years ago to 30% today, the Dubai-based carrier continues its seemingly inexorable progress on the path to growth and increased profits. Speaking recently at the Future of Air Transport conference, Flanagan said the pace ...

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