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Topic: Business
Number of pages / Number of words: 3 / 578
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Chairman confident of future success

The chairman of Middle East Airlines (MEA), Mohammed Hout, projected Wednesday that his company will generate an operating profit of $15 million at the end of 2003, thanks to the high tourist season and a restructuring plan.

MEA, which has been owned by the Central Bank since 1996, recorded a $3 million profit in 2002, the first such achievement in almost 25 years...


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Chairman confident of future success

The chairman of Middle East Airlines (MEA), Mohammed Hout, projected Wednesday that his company will generate an operating profit of $15 million at the end of 2003, thanks to the high tourist season and a restructuring plan.

MEA, which has been owned by the Central Bank since 1996, recorded a $3 million profit in 2002, the first such achievement in almost 25 years...


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