Emirates H1 profits surge 351 per cent to $925 million

Emirates airlines posted Monday a 351 per cent increase in net profits in six months, reaching 3.4 billion dirhams ($925 million ), on the back of growing customer demand, a statement said.

By Agencies | Nov 01, 2010, 11.26 AM IST

DUBAI: Emirates airlines posted Monday a 351 per cent increase in net profits in six months, reaching 3.4 billion dirhams ($925 million ), on the back of growing customer demand, a statement said.

The Dubai national carrier said the net profits in the first half of its current financial year compared to 752 million dirhams in the corresponding period of the previous year.

"The results for the first half of the 2010-11 financial year are incredibly robust, and reflect Emirates' success in growing customer demand, supported by investment in new aircraft, products and customer service," said Sheikh Ahmed bin Saeed Al-Maktoum, chairman and chief executive of Emirates Airline and Group.

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