Emirates bullish despite global economic worries
Emirates sees growth opportunities in Africa, Asia and Europe over the next 12 months despite global economic concerns over a China slowdown and the UK leaving the EU. This month, the IMF downgraded its forecast for global growth this year due to instability in emerging markets, concerns over China and fractured political and economic ties in Europe. Still, Emirates sees growth in major and emerging markets. This year, the airline will add 6 new destinations – all in Asia - to its network. “There is growth within Africa, Asia, China, the Indian Subcontinent [and] Europe also,” shaikh Ahmad Bin Saeed Al Maktoum, CE of Emirates airline said Tuesday. Emirates flew “over 50m” passengers in the 12 months to March 31, when its financial year ended, said Ahmad. <br/>
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Emirates bullish despite global economic worries
Emirates sees growth opportunities in Africa, Asia and Europe over the next 12 months despite global economic concerns over a China slowdown and the UK leaving the EU. This month, the IMF downgraded its forecast for global growth this year due to instability in emerging markets, concerns over China and fractured political and economic ties in Europe. Still, Emirates sees growth in major and emerging markets. This year, the airline will add 6 new destinations – all in Asia - to its network. “There is growth within Africa, Asia, China, the Indian Subcontinent [and] Europe also,” shaikh Ahmad Bin Saeed Al Maktoum, CE of Emirates airline said Tuesday. Emirates flew “over 50m” passengers in the 12 months to March 31, when its financial year ended, said Ahmad. <br/>
