Emirates

Dubai-based Emirates Airline (www.emirates.com) is one of the fastest growing airlines in the world, and has received more than 400 international awards for excellence. Emirates is wholly-owned by the Government of Dubai, but is recognised as an international airline of the UAE. The airline is run on a commercial basis and receives no financial support, financial guarantees or protection from the government, which operates an unconditional open skies policy in Dubai. Despite this, Emirates has been profitable in all but its second year of operation.

Emirates now flies to 114 destinations in 67 countries. The airline reported a net profit of USD$1.5 billion for the last fiscal year. Emirates operates 155 wide-body Airbus and Boeing aircraft, with a new aircraft arriving every four to six weeks. It currently has orders for an additional 197 aircraft, worth more than USD$66 billion.

Emirates' standing is so much more than an airline. The company has evolved into a travel and tourism operation on a colossal scale, straddling numerous divisions and propelled forward under the umbrella of the Emirates Group.

FAST FACTS

Annual Results

Emirates Group

2010-11

2009-10

Revenue

US$ 15.6 billion

US$ 12.4 billion

Net profit

US$ 1.6 billion

US$ 1.1 billion

Airline

Revenue

US$ 14.8 billion

US$ 11.8 billion

Net profit

US$ 1.5 billion

US$ 964 million

Passengers carried

31.4 million

27.5 million

Passenger seat factor

80.0%

78.1%

Cargo revenues

US$ 2.4 billion

US$ 1.9 billion

Cargo carried (tonnes)

1.8 million

1.6 million

Dnata

2010-11

2009-10

Revenue

US$ 1.2 billion

US$ 861 million

Net profit

US$ 152.6 million

US$ 167 million

Employees (average for financial year 2010-11)

56,768 (Group); 38,797 (Emirates); 17971 (dnata)

There are currently no figures available