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Emirates Sees Surprising Strength in Parts of Europe, Clark Says

Emirates is experiencing some of its fastest growth in southern Europe as it adds A380 superjumbos to lure passengers, the airline’s president said.

The world’s biggest airline by international passenger traffic probably had its second-most profitable year ever in the 12 months ended March 31, helped by higher-than-expected demand in countries including Greece, Spain and Italy, President Tim Clark said in a briefing on Tuesday. The absence of fuel hedging also helped as the Dubai-based carrier benefited from declining fuel prices.