Emirates Airline's yields, which have been falling since November, have stabilized, but may not have bottomed out, according to its chief executive and president Tim Clarkm Dow Jones reported.
"A lot depends on global financial and economic conditions," he said.
Clark said that the airline is still targeting a net profit for the current fiscal year that ends March 31, 2010, but it will be smaller than the net profit of US$405.8 million it posted in the year that ended March 31.
He also reiterated that the airline has no plan to cut routes, defer orders or ground aircraft as a result of the slowdown in air travel. |
