Emirates Airline to announce operating results on Thursday, says Sheikh Ahmed bin Saeed
May 8, 2013 - 01:30 -
WAM DUBAI: Emirates Airline will announce its operating results for the financial year 2012/2013 (April 2012 to March 2013 ) this Thursday noting that the carrier's profits have registered good year-on-year growth.
Sheikh Ahmed said the results are much better than last year, in terms of revenues and profits and noted that improved performance of carriers is attributed to seat capacity growth.
He said that Emirates was able to achieve the good results despite the increasing fuel prices.
He also noted that the carrier invested some AED500 million on its cargo center at the new Al Maktoum International Airport which will be operational after 18 months as Emirates plans to move all of its freight operations to the bigger airport in the future.
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