According to a press release from Emirates, it has achieved its 20th consecutive year of net profit, in spite of soaring fuel costs and challenging business conditions. For the full release click here.
• Group net profits increased 54.1 percent to $1.45 billion for the financial year ending March 31, 2008, on revenues of $11.2 billion compared to the previous year’s $8.5 billion.
• The Group net margin improved to 13.2 percent from 11.4 percent in the previous year.
• Emirates will pay a dividend of $272.5 million to its owner, the Government of Dubai.
• In 2007-08, the Group estimates a direct contribution of $6 billion, and another $6.8 billion in indirect contribution to the UAE economy.
It claims its success is based on ongoing investments in the latest technology, products, and customer service while keeping a tight rein on costs.
And it doesn’t plan on resting on its laurels but plans on continuing to provide its customers with the high quality experience that they have come to expect.
It’s the same with AMT. Thanks for reading.
Barb Zuehlke
Courtesy of San Antonio International Airport
Airlines
When the Little Things Matter
Jan. 20, 2022
Enter Engineering
