Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Emirates airlines profit up 43% in 2013 to $887 mn  Join our daily free Newsletter

MENAFN - Arab News - 08/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Bai: emirates airlines the largest middle east carrier said 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 aed3.3 billion (887 million) compared to aed2.3 billion (622 million) the previous year the company announced.fuel costs dropped by around four percent emirates chief sheikh ahmed bin saeed al-maktoum said while passenger numbers increased 13 percent.the carrier's revenues increased 13 percent to aed82.6 billion (22.5 billion).'it has been a good year" sheikh ahmed said.the government-owned carrier transported a record 44.5 million passengers last year compared to 39.4 million the previous year.emirates group as a whole which includes dnata travel services saw revenues rise 13.2 percent to 87.8 billion dirhams (23.9 billion) with profit surging 31.6 percent to 4.1 billion (1.1 billion).the group will give a dividend of one billion dirhams (280 million) to its indebted government 'similar to the last financial year" it said.emirates market in east asia and australasia remained its highest revenue contributor with 6.5 billion 14 percent up from last year.the dubai-based airline leads gulf major carriers in expanding their share on the route between the west and asia and australasia triggering repeated complaints from legacy carriers which complain over a tough competition with the state-owned airlines.emirates fleet also increased to 217 planes from 197 in 2012-2013.it is the largest single operator of airbus' superjumbo a380 and boeing's 777 long-haul airliner.


 


Arab News




  MENA News Headlines
 Jul 29 2016 - Saudi injects billions in Asia to draw clients for its oilMENAFN
(MENAFN) With crude prices deteriorating by more than half in the previous two years, the Saudis and other oil-rich nations are basically fighting to lock in and guarantee customers, according to the ...

 Jul 29 2016 - Oman's logistics flourish amid steady political climateMENAFN
(MENAFN) the logistics sector in Oman is not projected to be impacted although oil prices continue to fall, on the back of the vast investments being made in ports, airports and roads sectors ...

 Jul 29 2016 - Kuwait supports Niger's infrastructure with major loanMENAFN
(MENAFN) The Kuwait Fund for Arab Economic Development (KFAED) closed USD19.7 million loan arrangement with African Niger to fund a vital transportation scheme.Accordingly, this is the 12th loan ...

 Jul 29 2016 - Ooredoo SSM's sell iTunes, Facebook, Steam, Xbox, Google Play vouchers and moreThe Peninsula
(MENAFN - The Peninsula) Ooredoo and Osool Media officials after signing a partnership agreement. Doha: Ooredoo, in partnership with Osool Media, have today announced the official launch of a ...

 Jul 29 2016 - Diversions on East Industrial Road, Al Mamoura Underpass and service road on D-Ring RoadThe Peninsula
(MENAFN - The Peninsula) Doha: The Public Works Authority (Ashghal) has announced that it will put in place a temporary diversion on part of the southbound lanes of the East ...

 Jul 29 2016 - Petrol prices to go up marginally in AugustThe Peninsula
(MENAFN - The Peninsula) DOHA: Petrol prices will see a 5 dirhams rise in August, according to the new price list issued by the Ministry of Energy and Industry. Both Super grade petrol and ...

 Jul 29 2016 - Qatar- HH the Emir Holds Session of Talks with Argentinian PresidentThe Peninsula
(MENAFN - The Peninsula) Buenos Aires: HH the Emir Sheikh Tamim bin Hamad Al-Thani and President of the Argentine Republic, Mauricio Macri, held a session of official talks on Thursday night ...

 Jul 29 2016 - Qatar- Photo Album: Emir in ArgentinaThe Peninsula
(MENAFN - The Peninsula) if(window.innerWidth < 728){ googletag.display('div-gpt-ad-796530061225000279-1'); } ...

 Jul 29 2016 - Brexit heralds a new era in UK-GCC relations?The Peninsula
(MENAFN - The Peninsula) By Sean Evers You";re landing at New York";s LaGuardia Airport on the 'expressway” approach—it";s called that because you come in low enough to buzz the ...

 Jul 28 2016 - Wagner rips apart rusty ZimbabweThe Peninsula
(MENAFN - The Peninsula) Zimbabwe batsman Hamilton Masakadza runs past bowler Neil Wagner during the first day of the first test match in a series of two tests between New Zealand and hosts Zimbabwe ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help