Emirates profit up 248pc

UAE-based Emirates airline has reported a 248 per cent rise in full-year net profit to US$952.9 million for the year ended March 31.

"The group will continue to achieve double digit growth through 2010-2011," said chairman and ceo sheikh Ahmed bin Saeed al Maktoum.

The airline currently has US$55 billion in orders with Airbus and Boeing and is due to take delivery of seven A380s and one Boeing 777 in 2010-2011.

Emirates profit up 248pc

UAE-based Emirates airline has reported a 248 per cent rise in full-year net profit to US$952.9 million for the year ended March 31.

"The group will continue to achieve double digit growth through 2010-2011," said chairman and ceo sheikh Ahmed bin Saeed al Maktoum.

The airline currently has US$55 billion in orders with Airbus and Boeing and is due to take delivery of seven A380s and one Boeing 777 in 2010-2011.