Emirates SkyCargo: 48.4 per increase in revenue
Emirates Airline form Dubai hits new high with record half year results
Emirates SkyCargo has seen a strong performance, posting an increase in revenue of 48.4 percent to AED 4.4 billion, with cargo tonnage up by 23.7 percent to 897 thousand tonnes, for the first six months if its current financial year ending 30th September 2010. They continued to post steady revenue growth contributing around 17.8 percent of the airline’s transport revenue. Emirates produced a net profit of AED 3.4 billion (US$ 925 million), for the first six months of its current financial year. This represents an outstanding 351.2 percent increase compared to AED 752 million (US$ 205 million), for the same period in 2009. “The results for the first half of the 2010-11 financial year are incredibly robust, and reflect Emirates’ success in growing customer demand, supported by investment in new aircraft, products and customer service”, said HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group. Highlighting a positive shift in the aviation sector, Emirates airline has seen a marked increase in passenger traffic, carrying 15.5 million passengers and recording a strong passenger seat factor at 81.2 percent, the highest ever for a first six month reporting period. Emirates’ revenue, including other operating income, of AED 26.4 billion (US$ 7.2 billion) for the half-year represented a strong growth of 35.5 percent compared to revenue of AED 19.5 billion (US$ 5.3 billion) during the same period last year. Fueling growth in the aviation and tourism industry globally, Emirates has launched six new destinations since April this year – Amsterdam, Prague, Madrid, Dakar (passenger operations) in addition to Almaty and Bagram (freighter only operations). Existing markets have also been given a boost with increased frequencies and capacity – through larger aircraft. Quelle: LogEastics |