Emirates Airline annual profits surge 40% to $1.2 bn
Dubai's Emirates Airline said Thursday annual profits have surged 40 percent to $1.2 billion as revenues increased and fuel costs dropped. The three Gulf carriers have seized a large chunk of global travel, turning their hubs into major stops on transcontinental routes.
10 May, 2016 Emirates annual profit soars 56% as fuel costs fall A strong US dollar and the "double-edged sword" of low oil prices have hit the revenues of Emirates, but net profit still surged 56 percent as passenger numbers rose and fuel bills dropped, the airline said Tuesday. Dubai's carrier said its profit hit $1.9 billion in the financial year […]
9 May, 2013 Emirates reports 52 percent jump in profits DUBAI, United Arab Emirates (AP) — The Dubai-based Emirates airline says its annual net profit rose by 52 percent as the carrier's fast growth outpaced rising fuel costs.
11 June, 2017 Qatar Airways profits $540 million, braces for Gulf crisis DUBAI, United Arab Emirates (AP) — Qatar Airways announced on Sunday its net profits rose to $540 million in its latest financial disclosure before the airline took a hit and was blocked from flying to major Arab states.
10 May, 2016 Emirates annual profits surge 56% A strong US dollar and the "double-edged sword" of low oil prices have hit the revenues of Emirates, but net profit still surged 56 percent as passenger numbers rose and fuel bills dropped, the airline said Tuesday. Emirates said however that its revenues dropped four percent to $23.2 […]
17 November, 2014 Aviation to drive 37% of Dubai economy by 2020: study Aviation will account for more than a third of Dubai's economy by 2020, a study said on Monday of the Gulf emirate which has become a major international travel hub. Oil-poor Dubai has spent years trying to diversify its economy with core sectors now including trade, transport and […]