Regional Round-Up
Emirates reports US$600 million profit
December 1st 2013
Dubai-headquartered Emirates Group has announced an interim profit of US$600 million to September 30, a four per cent increase over the same six months in 2012. Read More » The aviation group’s chairman and CEO, Sheikh Ahmed bin Saeed Al Maktoum, applauded the strength of the results, but added that its airline, Emirates Airline, only brought in a two per cent profit improvement for the period over 2012.
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The airline’s contribution to the group bottom line was US$475 million, a result the chairman said matched passenger growth. Despite the chairman’s caution, Emirates announced a 200 aircraft order, valued at US$99 brillion, at November’s Dubai Air Show.
