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Source: AFP
Dubai's Emirates Group, which includes the Middle East's biggest airline, announced connected Thursday gross yearly nett of $6.2 billion, its 3rd grounds successful 3 years.
The 18 percent emergence successful profit, based connected beardown lawsuit demand, slimmed to $5.6 cardinal aft the UAE's precocious introduced firm tax, which was applied for a afloat fiscal twelvemonth for the archetypal time.
"The Emirates Group has raised the barroom to acceptable caller records for profit, gross and currency assets," president Sheikh Ahmed bin Saeed Al Maktoum said successful a statement.
Emirates airline, excluding the group's different businesses, posted a grounds $5.8 cardinal pre-tax profit, up 20 percent from the twelvemonth before.
The radical invested $3.8 cardinal successful caller aircraft, infrastructure and technology "to enactment its maturation plans", the connection said.
Its workforce grew by 9 percent to an unprecedented 121,223 employees.
State-owned Emirates Group operates the world's largest long-haul carrier.
As of March, it had 314 craft pending delivery, including 61 A350s and 205 Boeing 777x, the connection said.
It said it was retrofitting 219 craft astatine a outgo of $5 cardinal to marque up for delayed Boeing orders.
Source: AFP
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