Emirates sees 5.4% cargo growth in H1

Emirates Airline reported a half year net profit of AED1.9 billion (US$514 million), a year-on-year increase of eight per cent, despite issues such as the disruption caused by the upgrading of the Dubai airport runway and the cancellation of some flights to Africa due to the Ebola outbreak.


Emirates sees 5.4% cargo growth in H1


Emirates Airline reported a half year net profit of AED1.9 billion (US$514 million), a year-on-year increase of eight per cent, despite issues such as the disruption caused by the upgrading of the Dubai airport runway and the cancellation of some flights to Africa due to the Ebola outbreak. During the first half of the financial year 2014-15, Emirates reported continued business growth, with revenue of AED44.2 billion, a rise of 11 per cent year-on-year.

The airline carried 23 million passengers during the six month period and Passenger Seat Factor (PSF) averaged 81.5 per cent, compared with 79.2 per cent last year. The volume of cargo carried also increased by 5.4 per cent, “a remarkable growth and performance against the market trend,” the carrier noted.

During the first six months period, Emirates received 13 wide-body aircraft – six A380s, seven B777s, with 11 more new aircraft scheduled to be delivered before the end of the financial year in March 2015.