FINANCIAL NEWS

Emirates airline 2014 net profit jumps 40 percent

10 May 2015

(MENAFN) Emirates airline 2014 net profit increased by 40 percent, assisted by savings from lower oil prices, Saudi gazette reported.

The carrier, one of the world’s largest airlines of international passengers, posted a profit of USD1.2 billion for the financial year to March 31.

The latest immensity profit was attributed to a coalition with United States’ airlines. Its worth mentioning that The airline’s revenue also rose by 7 percent on-year and hit USD24.1 billion.

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