Thursday 6 December 2012

Emirates to report double-digit profit growth | GulfNews.com

Emirates, which is adding 15 new destinations to its growing network this year, could report a double-digit growth in profit when it closes the financial year in March next year, a senior official said here.
“We have reported a robust growth in net profit during the first half of the year, and we are confident of showing a double-digit growth when we close this year,” Thierry Antinori, Emirate’s Executive Vice-President for Passenger Sales Worldwide, said on the sidelines of a press conference at Lyon Airport following the launch of the airline’s flights.
“Due to the increased capacity this year, we are going to grow in revenues and profit. However, next year, we will have fewer aircraft joining us and we will add fewer destinations. “It will take us six months to make the Dubai-Lyon route profitable,” he said.

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