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November 6, 2009

Emirates reports surging first-half profit, predicts demand recovery in 1-2 years Emirates appears to have flown untouched through the industry downturn, reporting a AED752 million ($204.7 million) profit in the fiscal semester ended Sept. 30, more than double the AED284 million earned in the year-ago period. [MORE] SAS reports first net profit in two years SAS Group posted its first quarterly profit since the 2007 third quarter, a SEK152 million ($21.5 million) surplus in the three months ended Sept. 30 that represented a reversal from the SEK1.99 billion deficit suffered in the year-ago period. [MORE] V Australia eyeing more 777s for JFK, LHR service V Australia, the international arm of Virgin Blue, is understood to be close to announcing an order for 777-200LRs for new nonstop Sydney-New York JFK and Perth-London Heathrow service beginning in 2011. [MORE] Acquisitions eat into Republic's earnings Republic Airways Holdings felt the pinch of rapid expansion in the third quarter, reporting net income of $3.3 million, an 80.8% drop from $17 million earned in the year-ago period. [MORE] Other News SkyWest's third-quarter profit up 9.2% Airbus launches A330-200F flight test program United to serve Africa next spring [MORE]

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