Emirates Group posts $645M USD profit for 1H 2012

[markis10]

DUBAI, United Arab Emirates — The parent company of Dubai-based carrier Emirates says profits for the first half of the year surged by more than 63 percent as the Middle East’s biggest airline expanded routes and benefited from stabilizing fuel prices.


The Emirates Group reports Monday that profits rose to 2.37 billion dirhams ($645.7 million) for the first half of 2012 compared with ($394.8 million) in the same period last year.

http://www.washingtonpost.com/busin...8a7fc0-2c99-11e2-b631-2aad9d9c73ac_story.html

 

[lovestotravel]

Emirates 1st half profit up 104%

First-half profit up 104%

Dubai's Emirates airline says it posted a 104 per cent surge in net profits in the first six months of the current financial year thanks to rising passenger numbers.
"In the first half of the 2012-13 fiscal year, Emirates net profit is 1.7 billion dirhams ($USA448 million), up 104 per cent from 836 million dirhams," the carrier said in a statement.

Read more: http://www.theage.com.au/business/w...ofit-up-104-20121113-298yo.html#ixzz2C4FZ5XEq
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[haydensydney]

Re: Emirates 1st half profit up 104%

So what is it - 1.7billion dirhams or 2.37billion dirhams?

 

[markis10]

Re: Emirates 1st half profit up 104%



The Emirates Group posted a AED 2.1 billion (US$ 575 million) net profit for the first six months of its current fiscal year ending 30[SUP]th[/SUP] September 2012, up 68 per cent from AED 1.3 billion (US$ 343 million) from 30[SUP]th[/SUP] September 2011.

Emirates Group announces half yearly profits | News Releases | News & Events | The Emirates Group

Emirates continues to make a profit. In the first half of the 2012-13 fiscal year, Emirates net profit is AED 1.7 billion (US$ 464 million) up 104 per cent from AED 836 million (US$ 228 million).

Emirates Group includes Dnata results etc

 

[lovestotravel]

Re: Emirates 1st half profit up 104%

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But Dubai is a great hub for so many flights, so they have a great advantage with that