Long-haul carrier Emirates reports record annual profit of USD 5.2 billion

Dubai, May 8 (AP) Long-haul carrier Emirates reported on Thursday that it earned annual profits of USD 5.2 billion, making it one of the world's most-profitable airlines.

The Dubai-based carrier served 53.7 million passengers out of its hub of Dubai International Airport.

The overall Emirates Group, owned by Dubai's sovereign wealth fund, saw annual profits of USD 5.6 billion.

Emirates serves as a crucial link in East-West travel and is the crown jewel of what experts and diplomats refer to as “Dubai Inc.” — a series of interconnected companies overseen by the sheikhdom's ruling Al Maktoum family. (AP) NPK NPK

Source: PTI