Airline

Emirates Airline to give a third of profits to government

Dubai UAE, May 21-  Emirates Group, that reported a profit of Dh4.2 billion for the year ending March 31, 2010, will pay Dh1.6 billion, a third of its profits, to the Dubai Government.


“Emirates has declared a dividend of Dh1.6 billion to its parent, the Investment Corporation of Dubai, a wholly owned Government of Dubai entity,” said a statement issued by the airline on Thursday. This is the highest dividend to date to be paid by Emirates to the government
 “Against a background of the worst global recession in generations, large-scale economic uncertainty and unforgiving markets, the Emirates Group faced arguably its sternest test,” Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates Airline and Group, said.


Emirates profit results come at a time when Dubai World is struggling with debt problems.

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Kazakhstan's new tourist attraction - fa...
Summer in Turkey...
Taif Season attracts more than 750,000 v...
Featured Sights To See
ChangGyeong-gung Palace

ChangGyeong-gung Palace

Seoul, South Korea

It was built in 1104 for the kings of the Koryo Dynasty as a summer palace and became one of the main palaces of the Joseon Dynasty. The palace is connected to the Jongmyo Shrine which was used for sacrificial rites in the Joseon Dynasty.  The palace faces east to west, instead of the usual north to south. Admission: Adults (19 to 64 years old): 1,000 won; Groups: 800; Children (7 to ...

The National Museum of Finland

The National Museum of Finland

Helsinki, Finland

This museum represents Finnish history from the Stone Age to the present times. All cultural and historical artifacts related to Finland are preserved, collected and displayed at this museum. The museum was inaugurated in 1905 and simply looking at its structure and style can take you back to the olden days. The exhibitions are divided in to permanent and temporary exhibits. The permanent ones are...

Mt. Pleasant Cemetery

Mt. Pleasant Cemetery

Toronto, Canada

A beautiful and tranquil place shaded by stunning trees, this cemetery is the resting place of many interesting people; Prime Minister William Lyon Mackenzie King, Canada's greatest war hero, Lt. Col. William Barker; to name a few Timings: Daily 8AM-Dusk Admission: Free Address: 375 Mount Pleasant Rd Tel: 416/485-9129 Website: www.mountpleasantgroupofcemeteries.ca ...

Jardín Botánico

Jardín Botánico

Caracas, Venezuela

Address: northwest of UCV, east of Parque Central Complex, south of Pak Los Caobos Timings: open daily 830am to 430pm. Tickets: VEF 1 A very large, sprawling botanical garden that also serves as a live study field for the adjoining University, the botanical garden is a treat for the eyes of the flora-crazy. A splendid collection of plants, from small shrubs and flowering hedges to towe...