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Emirates profits soar 49% in 2004-05 fiscal year

Citing sharp sales growth and increasing customer preference for its products, Emirates Group reported a record net profit of Dhs2.6 billion ($707.9 million) for the 2004-05 fiscal year ended March 31, a 49% jump over a net profit of Dhs1.75 billion in FY04.

Total revenue rose 36.2% to Dhs19.09 billion while total costs climbed 34.9% to Dhs16.4 billion, producing an operating profit of Dhs2.81 billion, up 47.1% over operating profit of Dhs1.91 billion in the prior financial year.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.