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No acquisitions at present - Emirates Airline

No acquisitions at present - Emirates Airline
Adel Al Redha, executive vice president and chief operations officer (COO) of Emirates Airline, affirmed that the Company’s fiscal year (FY) results which will be announced in November are more than positive and are in line with the Company’s budget.

Emirates Airline’s net profit, for FY 2013-2014 ending March, had amounted to AED 4.1 billion, registering a 32% growth in profit compared to the previous year.

There are will be no acquisitions at the present time, Al Redha said, adding that the Company will not overlook any opportunities that it finds suitable in the future.

Emirates Airline is currently focusing on boosting its partnerships through its joint partnerships with Australia’s Qantas, as well as JetBlue, Alaska Airlines and Virgin America in the United States.