Thursday 1 May 2008

Emirates Group grows across all divisions

Emirates Group achieved growth in all its business units, with the airline which accounted for 96 per cent of their income.

Airline revenues amounted to Dh39.5 billion, rising 32.3 per cent compared to Dh29.8 billion in the previous year. Its net profit Dh5 billion marked 62.1 percent more than in 2006-07 came from Dh3.1 billion.

In 2007-08, the airline expanded Dubai property its fleet with 11 new Boeing-777 s delivered, including the Emirates, the first 777-200LR passenger aircraft. At the end of March Emirates fleet reached 114 aircraft, including 10 cargo, a source of pride average age of 67 months.

Emirates SkyCargo carried 1.3 million tons of cargo, at 10.9 per cent more than in the previous year's 1.2 million tons. It registered an increase in revenues of Dubai property 20 per cent to Dh6.4 billion, compared with Dh5.4 billion in 2006-07. Cargo revenue contributed 19 per cent of total revenue airline transport.

Dnata, airport services division recorded revenue growth of 27.2 per cent to Dh2.6 billion, compared with Dh2.1 billion in the previous year.

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