Emirates records record 2023-2024 half-year profit

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The Dubai company’s net profit stood at US$2.6 billion, an increase of 134% compared to the same period of the previous year.

Under the effect of the very strong rebound in international demand following the end of the crisis, the Emirates company recorded a net profit of 2.6 billion US dollars for its 2023-24 half-year financial year, an increase of 134% year-on-year. compared to the previous financial year. The company’s revenue increased by 19% to US$16.2 billion.

26.1 million passengers transported in six months

Emirates carried 26.1 million passengers between April 1 and September 30, 2022, a growth of 31% compared to the same period of the previous financial year. Emirates Skycargo transported 1,035,000 tonnes in the first six months of the financial year, an increase of 11% compared to the same period of the previous financial year despite the overall slowdown in freight transport activity.

All Boeing B777s and 104 Airbus A380s entered

As of September 30, the airline operated passenger and cargo flights to 144 airports, using its entire fleet of Boeing 777s, as well as 104 Airbus A380s. During the first six months of the year, 10 A380 aircraft were fitted with upgraded cabin interiors and the latest onboard products, including new Premium Economy Class on new routes including New York JFK, Houston, San Francisco, Los Angeles and Singapore. Emirates has entered into and strengthened codeshare agreements and interline partnerships with eight airlines during the first half of 2023-2024: AEGEAN Airlines, Air Canada, Etihad Airways, Kenya Airways, Philippine Airlines, Maldivian Airways, Sri Lankan Airlines and United Airlines. A further 5-year extension until 2027 of the codeshare partnership between Emirates and Qantas, through which 15 million passengers have benefited from joint flight programs since its establishment in 2013, has been approved. Emirates continues to increase its international flights, capacity and the number of routes passing through its Dubai hub. During the first half of 2023-2024, the company deployed its Airbus A380 flights to Bali, Beijing, Birmingham, Casablanca, Nice, Shanghai and Taiwan.

John Walker Avatar