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Exit Strategy
13th May 2009, 01:07
Any ideas when the numbers will be published? Perhaps they can't, publishing bad news is now illegal in the UAE.

ekpilot
13th May 2009, 04:48
When they finish fixing the numbers so they show what they want :ok:

MumbaiRadio
16th May 2009, 12:29
I guess they are waiting for the big competitors to announce their results first.... for instance has SQ done it yet?

acegreaser
16th May 2009, 12:56
According to my mates in SQ, they have been given a 2.43 months bonus, but may have to take a 1-3 day unpaid leave every month.

zerozol
21st May 2009, 18:07
kind of annual report: :)
The airline reported a $ 268 million profit for the 2008-2009 fiscal year.
other severe facts in this press release:

"Emirates Group Posts 21st Consecutive Year of Profit in 2008-09
21 May, 2009

• Group posts net profit of AED 1.49 billion (US$ 406 million) on revenue growth of 10.4% to AED 46.3 billion (US12.6 billion)
• Airline makes net profit of AED 982 million (US$ 268 million)
• Dnata makes net profit of AED 507 million (US$ 138 million)
• Group’s estimated contribution to UAE economy worth AED 58.8 billion (US$ 16.0 billion)
DUBAI, U.A.E., 21st May 2009 – The Emirates Group has reported its 21st consecutive year of net profit for its 2008-09 financial year despite unprecedented challenges for the airline and travel industry.
The Group’s net profit of AED 1.49 billion (US$ 406 million) for its financial year ending 31st March 2009, was down 72 per cent from the previous year’s record profits of AED 5.3 billion (US$1.45 billion), showing the impact of the record fuel prices in the first six months of the year, and the impact of the global recession."

source and other infos:

Emirates | About Emirates | News | Emirates Group Posts 21st Consecutive Year of Profit in 2008-09 (http://emirates.com/english/about/news/news_detail.aspx?article=448615&offset=0)