Friday 30 September 2022, JW Marriott Grosvenor
November 2022, Virtual
21 November 2022, Hilton London Metropole
Emirates has reported a net profit of $925 million in the first half of this fiscal year, up from $205 million between April and September 2009.
The figure represents a rise of 351%, which the airline says is down to an increase in passenger numbers.
The middle eastern airline carried 15.5 million passengers between April and September this year, up 17.3% year-on-year.
Sheikh Ahmed bin Saeed Al-Maktoum, Emirates’ CEO, said the airline’s strategy is to adapt its operations when required, adding capacity on successful routes and starting new ones.
“By following positive spikes in regional economies we have been able to maximize the use of our fleet to further stimulate revenue,” said Al-Maktoum.
The airline’s capacity has grown by 13.8% since April, after the airline launched four new routes for passengers: Amsterdam, Prague, Madrid and Dakar.
Emirates also started serving two new destinations with the widebody A380 aircraft (Manchester and Beijing). It has received five new A380s since the beginning of the financial year.
Emirates’ cash balances stood at $3.4 billion at the end of September, up 18.5% on March 2010.