DUBAI, Nov 6 (Reuters) - Emirates Group posted on
Thursday a 13% rise in net profit to $2.9 billion in the
six-month period ended September, citing strong and sustained
travel demand across regions that boosted its airline's
business.
The Gulf carrier continues to rebound from the pandemic,
reinforcing Dubai's position as a global aviation hub.
"Global demand for air transport and travel services has
been buoyant, despite geo-political events and economic concerns
in some markets," Chairman and CEO Sheikh Ahmed bin Saeed Al
Maktoum said in a statement.
Emirates Group expects demand resilience to continue through
fiscal 2025-26 and plans to expand capacity as the airline takes
delivery of new Airbus A350 aircraft.
Additional growth will also come from new facilities at its
ground-handling subsidiary dnata, the company said.
Emirates airline, whose revenue rose 6% to $17.9 billion
from last year, received delivery of five new A350 aircraft in
the six-month period, while 23 aircraft including Airbus and
Boeing ( BA ) came online as part of the carrier's retrofit programme.