Oil at $105 to trigger Emirates' expansion
 

As oil prices inch down, Emirates is getting closer to its target of $105 a barrel – a level at which the airline plans to restart its expansion drive.

"If oil trades in that range and I hope it will, it will restart expansion of our network. We will add Durban, Algiers, Amsterdam, Kiev, Barcelona and Buenos Aires. We have hundreds of places we can go," President Tim Clark told Emirates Business.

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