Emirates announces 25th consecutive year of profit

The Emirates Group has today announced it 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic environment. The financial year also ended with some very positive newly reached capacity milestones throughout the business. Released today in the Group’s 2012-13 Annual Report, the company posted an AED 3.1 billion (US$ 845 million) net profit, up 34% from last year. Even with external challenges, the Group’s revenue reached AED 77.5 billion (US$ 21.1 billion) an increase of 17% over last year’s results. The Group’s cash balance