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Emirates CEO: Fuel Costs Have Led to Fall in Profits

Thu 10 May 12 | 05:20 AM ET
Tim Clark, President of Emirates Airlines, told CNBC, "In many respects it has been a very good story, the problem of course has been the cost of fuel which for over eleven months in the financial year we did not pass on to our customers and more recently we've had to do that."
 
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