http://www.emirates.com/english/about/m ... -of-profit
All thanks to South Asian market. Plus of course south asians also investing billions of dollars in properties in UAE, so there is even more traffic.
Article is quite long so I won't post here, just click on above link. Soon PIA will announce their yearly report and they'll boost about how their losses are lower than previous year, ignoring that they still are loss making entity.
Forum for discussing non-Pakistani aviation issues and news.
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Student of Economics. My brother works for Air Canada.