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MENAFN - AFP - 08/05/2014
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(MENAFN - AFP) Emirates airlines, the largest Middle East carrier, said Thursday it posted a 43 percent surge in profit to 887 million last year as fuel costs dropped and passenger numbers rose.

Net profit in 2013 hit 3.3 billion dirhams (887 million) compared to 2.3 billion dirhams (622 million) the previous year, the company announced.

Fuel costs dropped by around four percent, Emirates chief Sheikh Ahmed bin Saeed al-Maktoum told reporters, while passenger numbers increased 13 percent.

The carrier's revenues increased 13 percent to 82.6 billion dirhams (22.5 billion).

The government-owned carrier transported a record 44.5 million passengers last year, compared to 39.4 million the previous year.

Emirates fleet also increased to 217 planes from 197 in 2012-2013.



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