lundi 25 août 2014

Flight Global": "Emirates' third most profitable airline in the past year

Solved «Emirates Group» in third place as the most specialized groups in the profitability of the air transport sector over the past year after it posted a net profit of 1.1 billion dollars, according to the report of the magazine «Flight Global» about airline performance for 2013.
 
The data showed that «Emirates Group» finished fourth in terms of operating profit achieved during its fiscal year, the last time in which the group also dissolved in eighth place worldwide in terms of total revenue recorded.

The report stated that the "Emirates" of the group is one of the fastest growing airlines in recent years.

According to the data has been solved group «Delta Airlines» American in the first place after it posted a net profit of 2.7 billion, excluding special items, came Japan Airlines «toured» in third place the value of profits during the last year 1.6 billion dollars, while solving all of the lines «South West air» American, and the company «Ryanair» Irish in the fourth and fifth profit amounted to 754 and 702 million dollars each, respectively.

The «Emirates Group» announced it continues to make a profit for the year 26, respectively, and continued growth in the various activities of the group by continuing to expand its global presence in all areas as it showed the annual financial report of the group that its net profit for the financial year 2013/2014 grew by 32% compared with a profit the past year.

The revenue for the Group 87.8 billion dirhams, or 23.9 billion dollars, a growth rate of 13% for revenues the previous year, while revenue recorded «Emirates» a new record high, reaching 82.6 billion dirhams, or 22.5 billion dollars, while reaching profit to 3.3 billion dirhams ie 887 million dollars.

The Group has maintained a strong position to its cash balances at 19 billion dirhams during the financial year 2013/2014, and scored a total investment «Emirates Group» highest number in one fiscal year, it increased to 22 billion dirhams.

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