Airline

Emirates Airlines Net Profit Jumps 165 Percent

Emirates Airlines continues to buck the global trend, posting  a net profit of Dh752 million ($205 million) during the first six months of its current fiscal year.  This is 165 percent higher than the Dh284 million, ($77 million) net profit it made during the same period last fiscal year, and comes at a time when the global aviation industry is set to lose Dh41 billion this year.  The increased profits came mainly from an 18 percent capacity growth with the addition of eight new aircraft, bringing its total fleet to 130, and two new destinations.  Emirates Airlines entered its 25th year of operations last month.

Emirates Airline revenues fell 13.5 percent to Dh19.0 billion ($5.2 billion), down from Dh22.9 billion ($6.1 billion) last year due to fewer passenger and lower cargo yields. Profitability was not effected because the airline also reduced costs by 15.8 percent to Dh19.0 billion ($5.2 billion), down from Dh22.6 billion ($6.1 billion) last year.
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Multiple Langham Hotels named in 2020 Re...
Swiss Belhotel to open 4 new hotels in t...
Abu Dhabi and Wizz Air announce establis...
Featured Sights To See
Choirokoitia Settlement

Choirokoitia Settlement

Larnaca, Cyprus

The Ancient Neolithic settlement in Choirokoitia was made an official UNESCO World Cultural Heritage site in 1998. it is known to be one of the best preserved historic sites in the region, and draws a large number of tourists, archeologists, students and scientists every year. Originally discovered in the 1930’s, some of the artifacts and ruins are known to date back to 7000 BC. Visitors can learn...

Old Windmill and Observatory

Old Windmill and Observatory

Brisbane, Australia

One of the oldest buildings in Brisbane, this windmill was originally unable to turn due to a design flaw (the sails were unable to turn as they were too heavy). A convict-powered treadmill was introduced before the mill was eventually abandoned. Today it stands as a meteorological observatory. Location: Southeast of Parkland Boulvard, on Wickham Tce ...

Heureka Science Centre

Heureka Science Centre

Helsinki, Finland

This science center shows live laboratory displays and experiments. There are hands on exhibitions of scientific apparatus and a shop to buy things related to science. Basically, a very interactive place to take your children to!                    ...

Omayyad Mosque

Omayyad Mosque

Damascus, Syria

This is arguably Damascus’s most popular architectural attraction. It is a significant and sacred religious site for Muslims all over the globe. There are a number of stories and beliefs surrounding this architectural masterpiece. This mosque is magnificent from the limestone floors, to the gold mosaics depicting forests, domes and towers. Also located within it is a huge courtyard that houses the...