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Emirates expects double-digit profit growth in year to Mar-2013, capacity growth to moderate in 2013

10-Dec-2012 12:13 PM

Emirates executive VP passenger sales worldwide Thierry Antinori said Emirates would report double-digit growth in profit in the 12 months ending 31-Mar-2013 (Khaleej Times, 08-Dec-2012). “We have reported a robust growth in net profit during the first half of the year, and we are confident of showing a double-digit growth when we close this year,” he said. Mr Antinori said the carrier recorded one of the fastest growth rates in network expansion in 2012 by adding 15 new services. It will, however, moderate its pace in 2013, amid reduced aircraft deliveries compared to 2012 levels.