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Emirates mulls low cost carrier

26 April 2007

Emirates is “‘thinking a bit'” about starting a budget airline in the coming few years, its vice chairman said today as the state-owned firm announced a 20.2% increase in second-half profits.

“‘We are thinking a bit about [a low-cost carrier],'” Maurice Flanagan told the Reuters news agency. “‘It’s something for the next few years. The [Airbus] A380 could be a very good aircraft for that,'” he said without elaboration.

source: arabianbusiness.com

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