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Seems to work out pretty well: https://www.emirates.com/media-centre/emirates-group-announc...

"Emirates reports new record profit of AED 17.2 billion (US$ 4.7 billion), up 63% from AED 10.6 billion (US$ 2.9 billion) last year."

...of course it helps to have direct access to cheap fuel. Also, if you look at https://en.wikipedia.org/wiki/Largest_airlines_in_the_world#..., you'll see that Emirates is the fourth largest individual airline in the world by passenger-kilometers, and the first three are US-based airlines with more complicated networks, while Emirates only has one major hub in Dubai and isn't really that into direct A-to-B flights (unless B is Dubai of course) - so if it makes sense for any airline to operate the A380, then that airline is Emirates.



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