Emirates Group First-Half Profit Climbs 68% on Passenger Traffic
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Emirates Group, which operates the world’s largest airline by international traffic, posted a 68 percent increase in first-half profit as passenger traffic rose.
Net income climbed to $575 million for the six months ended Sept. 30 from $343 million a year earlier, the Dubai-based company said in an e-mailed statement today. Seat factor, a measure of occupancy, increased to 80 percent, while revenue and other operating income rose 17 percent to 38.25 billion dirhams ($10.4 billion). Emirates Group includes Emirates airline and ground-handling unit Dnata.