Dubai's Emirates Group has announced annual profits of $5.1 billion, a rise of 71 percent, as the airline company set a new record for the second year in a row.
Citing strong customer demand, it said group profits for the past two years hit $8.1 billion, surpassing the losses seen during pandemic-hit 2020-2022. "The Group's excellent financial standing today places us in a strong position for future growth and success. It enables us to invest to deliver even better products, services, and more value to our customers and stakeholders," Sheikh Ahmed said.
"The business outlook is positive, and we expect customer demand for air transport and travel to remain strong in the coming months," said Sheikh Ahmed, adding that possible hazards included"volatile environments caused by socio-political changes".
Turkey Middle East Africa Europe China Us Germany News Breaking News Context Explainer Opinion Economy Business Trends Humans Globalisation Russia Rt Trt Trt World Journalism Human Interest
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aerolínea Emirates reporta ganancia récord de $4.700 millones en 2023DUBÁI (AP) — La aerolínea internacional Emirates anunció el lunes que registró ganancias récord de 4.700 millones de dólares en 2023, después de recuperarse de los turbulentos años de la pandemia del coronavirus que interrumpieron sus operaciones.
Source: sdut - 🏆 5. / 95 Read more »
Emirates, long-haul carrier, sees $4.7 billion profit in 2023 as airline takes flight after pandemicThe long-haul carrier Emirates announced Monday it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations.
Source: WashTimes - 🏆 235. / 63 Read more »
Long-haul carrier Emirates sees $4.7 billion profit in 2023The long-haul carrier Emirates says it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations
Source: ABC - 🏆 471. / 51 Read more »
Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemicThe long-haul carrier Emirates says it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations. Emirates, owned by Dubai’s government, announced on Monday revenues of $33 billion, compared to $29.3 billion the year before.
Source: AP - 🏆 728. / 51 Read more »
76M people were displaced within their countries in 2023, migration tracking group saysIn 2023, conflicts and natural disasters resulted in a record 76 million people being displaced within their own countries, according to a top migration monitoring group.
Source: FoxNews - 🏆 9. / 87 Read more »
76 million people displaced within their countries in 2023 says migration groupA top migration monitoring group says conflicts and natural disasters left nearly 76 million people displaced within their countries last year, a new record
Source: ABC - 🏆 471. / 51 Read more »