Emirates unit Dnata looking for acquisitions after record year

LONDON (May 17): Emirates Group's aviation services arm is looking for acquisition opportunities after the cash-rich unit reported a record profit.

"We're looking for good opportunities, solid opportunities, ones which we believe we can integrate into the business so we don't erode the quality and standards that we aspire to," Gary Chapman, president of Dnata and Emirates Group Services, said in an interview with Bloomberg TV.

Profit at Dnata crossed the 1 billion-dirham ($372 million) mark for the first time in the fiscal year ending March 31.

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