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Dubai-based Emiratesreported on 15 November that it had recorded its best-ever first-half results, despite rocketing fuel prices. The airline saw net profits increase by 41 per cent to AED 865 million ($236 million) for the period 1 April-30 September in its fiscal year 2004/05. Cargo revenue was up by 42 per cent, with tonnage increasing to 401,500 tonnes from 315,553 in H1 2003.