Emirates has responded to the declared target of 15 million visitors to Dubai by 2010 by ordering a fleet of 58 new aircraft, in addition to the planes already in the pipeline, to help meet this objective.

This financial year alone we will be making arrangements, for the purchase or lease of 12 aircraft involving amounts totalling US$ 1,284 million, with a number of international banks and institutions. Our team of finance and legal experts has made a name for itself in the aviation industry for its innovative schemes for loans - and has even won awards.

At the same time, our Treasury Risk Management Department is continuing to keep its exposure to movement in interest rates and currency at manageable levels .. no easy task in an industry continually influenced by the socio-economic conditions of the world.

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