As the initial euphoria of The Emirates Group and airlines’ stellar results
dissipates into analysis, forecast and growth buoyancy for Dubai, it is
note-worthy that the airline and its management now see the title of ‘world’s
largest airline’ within their grasp.
Amid the myriad notes that formed the annual report released yesterday here
in the emirate lay this statement by Sheikh Ahmed bin Saeed Al Maktoum, Chairman
and Chief Executive, Emirates Airline and Group: "With 182,757 million available
seat kilometres, we are now the world's largest airline by scheduled
international passenger kilometres flown."
Needless to say the claim comes on the back of the Emirates Group marking its
23rd consecutive year of profit with a record performance of Dh5.9bn ($1.6bn)
net profit, despite a challenging business climate.
Emirates airline’s revenues grew by an outstanding 25 per cent from last year
to reach Dh54.4bn ($14.8bn). Airline profits of Dh5.4bn ($1.5bn) marked an
increase of 51.9 per cent over 2009-10’s profits of Dh3.5bn ($964m).
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