Soaring High

From left: Dr. Fernando Im, Senior Country Economist for Sri Lanka and the Maldives, The World Bank, Hon. Eran Wickramaratne, State Minister, Ministry of Finance and Mass Media, Dr. W A Wijewardana, Former Deputy Governor of the Central Bank of Sri Lanka, Prof. Indralal de Silva, Former (Chair) of Demography, University of Colombo, Prof. Amala de Silva, Department of Economics, University of Colombo at the panel discussion on "Demographic Change in Sri Lanka" moderated by Dr. Ramani Gunatilaka, International Centre for Ethnic Studies.

The Emirates Group has declared a 74 per cent increase in net profits to US$ 285.7 mn (Dhs1.05 bn) for the financial year ending March 31, 2003, driven by the growing confidence of its customers in the airline and travel-related group of companies.
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Emirates Airlines operations alone achieved a staggering 94 per cent increase in profits, from Dhs468.2 million (US$ 127.6 mn) to Dhs906.7 mn (US$ 247.1 mn), the airline said in a statement on Wednesday.

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The average passenger seat factor rose to 76. 6 percent, breaking all previous records, and cargo represented 19.6 of the air