Emirates’ Profit Rises 68 Percent to $575 Million

Emirates recorded a $575 million net profit in the first six months of its current fiscal year, up 68 percent compared to a year earlier.

Despite high fuel prices and economic uncertainty in many markets, the Dubai-based carrier also increased revenue and other operating income in the six months ending September 30  by 16 percent to total $10.4 billion.

The carrier added 13 wide-body new aircraft in the period including one freighter and has 15 more aircraft scheduled for delivery by the end of the fiscal year on 31 March next year.

As the fleet has been grown, the carrier has added 15 new routes over the last year including most recently services to Ho Chi Minh City, Barcelona, Lisbon, Erbil, Adelaide and Washington, D.C. New routes to be added during the second half of the current fiscal year will serve Lyon, Phuket, Warsaw and Algiers. 

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