Emirates produces a $225 million first half net profit

Emirates (Dubai) produced a net profit of Dhs 827 million ($ 225 million), for the first six months of its current financial year ending on September 30, 2011. The airline continues to be the fastest growing airline in the world and continues to make a profit despite unstable global economic, geopolitical and environmental conditions.

According to the airline, “Emirates remains on its strong growth trajectory which over the past seven years has seen the airline grow from a fleet of 60 aircraft, in 2004, to its current 161 wide-bodied aircraft including, the largest fleet of A380s with 17 and the largest fleet of Boeing 777s with 93. In addition, the company’s revenue has increased steadily by 20 percent per annum over the same time period resulting in a record 23 years of profitability, unmatched by any other airline.”

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Copyright Photo: David Apps.