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Emirates reports half-year results

03 November 2011

The Dubai carrier took delivery of 10 aircraft and raised a $1 billion bond in the first six months of its financial year.

Read more: Emirates Dubai UAE Airbus Boeing

Emirates has announced a net profit of AED827 million ($225 million), for the first six months of its financial year ending September 30.

The Dubai carrier announced revenues of AED30.3 billion, up by 15% on last year's figures for the same period. The company attributes the increase to improved passenger and...


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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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