Loading
10-May-2013 3:00 PM

Emirates Group reports 25th consecutive year of profitability in FY2013

Emirates Group revenue up 17% - financial highlights for 12 months ended 31-Mar-2013:

  • Revenue and other operating income: AED77,536 million (USD21,110 million), +17.2% year-on-year;
    • Emirates: AED73,113 million (USD19,906 million), +17.4%;
      • Passenger: AED57,477 million (USD15,649 million), +17.4%;
      • Cargo: AED10,346 million (USD2817 million), +8.4%;
    • Dnata: AED6536 million (USD1779 million), +15.3%;
  • Total operating costs:
    • Emirates: AED70,274 million (USD19,133 million), +16.2%;
      • Fuel: AED27,855 million (USD7584 million), +39.6%;
      • Labour: AED9029 million (USD2458 million), +12.8%;
  • Operating profit: AED3654 million (USD994.8 million), +40.7%;
    • Emirates: AED2839 million (USD772.9 million), +56.6%;
    • Dnata: AED815 million (USD221.9 million), +4.0%;
  • Net profit: AED3102 million (USD844.5 million), +34.3%;
  • Passenger numbers: 39.4 million (USD, +15.9%;
  • Passenger load factor: 79.75, -0.3 ppt;
  • Cargo volume: 2.1 million tonnes, +16.1%;
  • Passenger yield: AED30.5 fils (USD 8.3 cents), stable;
  • Total assets: AED102,188 million (USD27,821 million), +21.5%. [more - original PR]

*Based on the average conversion rate at USD1 = AED3.673

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More