THIRTY YEARS OF UNINTERRUPTED PROFITS FOR EMIRATES
Emirates Group Announces 2017-18 results
· Group records 30th consecutive year of profit of AED 4.1 billion (US$ 1.1 billion)
· Solid business growth in line with capacity increases leading to a record revenue of more than AED 100 billion (US$ 27.2 billion) for the 1st time
· Improved cash balance of AED 25.4 billion (US$ 6.9 billion)
· Declares a dividend of AED 2.0 billion (US$ 545 million) to the Investment Corporation of Dubai
· Emirates reports a profit of AED 2.8 billion (US$ 762 million), 124% better than the previous year
· Airline capacity crosses 61 billion ATKM with a net addition of 9 new aircraft to the fleet
· Revenue increases by 9% to AED 92.3 billion (US$ 25.2 billion), supported by strong cargo performance
· dnata makes highest profit ever, at AED 1.3 billion (US$ 359 million)
· Record revenue of AED 13.1 billion (US$ 3.6 billion) reflects further business expansion, with international business now accounting for 68% of revenue
· Expands global footprint with ground handling acquisitions in the Americas, adds new facilities and service capabilities across its airport operations, catering, and travel services divisions
