The Emirates Group posted its best-ever half-year financial performance, with a pre-tax profit of AED 10.4 billion (US$ 2.8 billion) for the first six months. This surpasses last year’s record. This is the first financial year that the UAE corporate income tax, enacted in 2023, is applied to the Emirates Group. After accounting for the 9% tax charge, the Group’s profit after tax is AED 9.3 billion (USD 2.5 billion). Group revenue was AED 70.8 billion (US$ 19.3 billion) for the first six months, up 5%. The Group closed the first half year of 2024-25 with a solid cash position of AED 43.7 billion (US$ 11.9 billion) on 30 September 2024. Sheikh Ahmed bin Saeed Al Maktoum, Chief Executive, said: “A fantastic result again illustrates the power of our proven business model working in combination with Dubai’s growth trajectory.” “We expect customer demand to remain strong for the rest of 2024-25.” Emirates continued to increase connectivity options through its Dubai hub. During the first half, Emirates increased scheduled flights to eight cities: Amsterdam, Cebu, Clark, Luanda, Lyon, Madrid, Manila and Singapore. In May, Emirates restarted daily services to Phnom Penh in Cambodia via Singapore. In June, it launched daily services to Bogotá via Miami, expanding the airline’s South American presence to Colombia. In September, Emirates opened a new route to Madagascar via the Seychelles. Additionally, during the first six months of 2024-25, Emirates entered into new agreements with seven codeshare, interline, and intermodal partners: AirPeace, Avianca, BLADE, ITA Airways, Iceland Air, SNCF Railway, and Viva Aerobus. By year end, Emirates’ latest A380 and Boeing 777 inflight experiences including Premium Economy, will be available to customers on over 30 routes. The Group’s dnata travel division contributed AED 1.8 billion (US$ 483 million) to revenue, up 23% compared to the same period last year. This is thanks to strong contributions from its Imagine Cruising, Destination Asia and Middle East Corporate Travel businesses. The division reported an underlying total transactional value (TTV) sales of AED 4.5 billion (US$ 1.2 billion). 

Related News Stories:  

Emirates has relaunched its daily service to Adelaide from Dubai. The reinstated service offers over 4,200 weekly seats between Dubai and the South Australian capital aboard Boeing 777-200LR aircraft. The aircraft offers 302 seats across two cabins, with 38 Business Class seats, alongside 264 seats in Economy Class. The Emirates flights are estimated to generate more than $62 million per year and create more than 315 full-time equivalent tourism-related jobs according to the South Australian Tourism Commission. South Australia Premier, Peter Malinauskas, said, “The return of Emirates' daily service to Adelaide is significant for South Australia. We're not just welcoming back a world-class airline; we're re-opening South Australia's doors to the world.” Emirates now operates 70 weekly services from Sydney, Melbourne, Brisbane, Perth, and Adelaide. On 1 December, Emirates will reinstate its second daily service to Perth, then offering a total of 77 weekly flights from Australia. 

Related News Stories:  

Vietnam Airlines and Emirates plan to develop a deeper commercial cooperation between both carriers. They will expand the scope of their longstanding interline partnership to strengthen connectivity between Vietnam and the UAE. The MoU was sealed on the sidelines of the Vietnam - UAE Business Forum, held at the Hilton Hotel Palm in Dubai. The agreement sets the framework to expand cooperation beyond the existing interline agreement. The airlines will explore potential collaborations across cargo and technical services. Nguyen Chien Thang, Vietnam Airlines' EVP, said: "The cooperation allows us to unleash the combined power of our networks as Vietnam Airlines seeks to leverage our international presence.” “We are excited about the possibilities this partnership brings allowing our passengers to explore Southeast Asia, the UAE and beyond." Adnan Kazim, Emirates' Chief Commercial Officer, added: "Vietnam is a market that presents tremendous opportunities to boost tourism and trade as a key hub in Southeast Asia. We are pleased to have the opportunity to explore further elevating this partnership." 

Related News Stories:  

Emirates Group and Dubai Airports have highlighted the key role aviation plays in Dubai's economy. A study from Oxford Economics, includes an assessment of direct economic activity generated by the aviation sector. It also assesses the impact of tourism spending facilitated by the aviation sector in Dubai. Sheikh Ahmed bin Saeed Al Maktoum, Chief Executive, Emirates Airline & Group said: "Dubai's aviation sector has been a core pillar of our city's economic growth strategy to date, and it will continue to play a key role.” "Supported by strong air connectivity, Dubai has a prominent presence on the global stage for trade, investments, tourism, and is a leading player in aviation and logistics." In 2023, Dubai's aviation sector is estimated to have supported AED 137 billion (USD 37.3 billion) in gross value added (GVA), equivalent to 27% of Dubai's GDP. This included the core economic impact of AED 94 billion, and AED 43 billion from the impact of aviation-facilitated tourism. These figures are projected to increase steadily. Aviation-led activity also accounted for 631,000 jobs across Dubai, equivalent to one in five jobs in the emirate in 2023. A previous economic impact report released by Oxford Economics in 2014 found that the aviation sector contributed to 27% of Dubai's GDP and supported 417,000 jobs. Aviation is also the driving force behind the growth of international tourism to Dubai. Visitors stayed an average of 3.8 nights in 2023, spending an average of AED 4,300 on hotels, restaurants, attractions and shopping. According to the report, international visitors flying to Dubai spent an estimated AED 66 billion last year. 

Related News Stories:  

Emirates has touched down in Lagos, Nigeria again, with a daily service. The Gulf carrier marked the occasion with an event for VIPs, government officials and aviation stakeholders. It represents the return of daily Lagos flights on Boeing 777-300ER aircraft, which offers eight First Class suites, 42 Business class seats and 304 in economy class. Emirates is one of only two airlines offering First Class in and out of Lagos. Adnan Kazim, Chief Commercial Officer, Emirates said: “This has been a long-awaited moment, and we are excited to, help reconnect travellers seamlessly to and through Dubai.” " We are committed to making this route a success and look forward to contributing to the Nigerian aviation industry’s growth.” To support travel to Dubai and beyond on Lagos flights, Emirates will facilitate 48 hour and 96 hour Dubai visa applications for travellers from Nigeria, which is exclusive to the airline. Tickets for Lagos flights can now be booked online or via travel agents. 

Related News Stories:  Emirates lands in Madagascar     SalamAir adding India route as Chennai flights announced     Delta inks airline codeshare agreement with SAS     Marjan welcomes third Hilton property on Ras Al Khaimah's Al ...     Sri Lanka Launches New Brand, Announces New Global Campaign ...     Viewing the Solar Eclipse in Grapevine, TX - TravelMole     Jet2.com - TravelMole     Saudi Tourism Authority (STA) - TravelMole     Norse Atlantic Airways - TravelMole     Gold Medal | Incredible Journeys - TravelMole    

Emirates has touched down in Antananarivo, Madagascar for the first time.  The first Madagascar flight was celebrated with a signature water canon salute at Ivato International Airport, followed by an exclusive event for government officials, industry guests, and media. It included the President of the Republic of Madagascar. The inaugural Madagascar flight operated with an almost full passenger load from Mahe which is a linked service from Dubai. Emirates is deploying Boeing 777-300ER aircraft on the route with a three-class configuration. The aircraft features eight private suites in First Class, 42 lie flat seats in Business Class and 310 seats in Economy. Andry Rajoelina, President of the Republic of Madagascar, said, “In just four months, through shared determination and hard work, we have successfully launched this long-awaited inaugural flight. This is a historic moment for Madagascar.” The four times a week linked service operates on Tuesday, Thursday, Saturday and Sunday. The flight times have been scheduled to optimise connections to and from key points in Europe, the Far East, West Asia and the Middle East/GCC. 

Related News Stories:  SalamAir adding India route as Chennai flights announced     Viewing the Solar Eclipse in Grapevine, TX - TravelMole     Madinat Makadi Hotels | Jaz Hotels & Resorts | JAZ Hotel Group     Saudi Tourism Authority (STA) - TravelMole     Norse Atlantic Airways - TravelMole     Partner News - TravelMole     Jet2.com - TravelMole     British Travel Awards - TravelMole     Riviera Travel - TravelMole     Hong Kong Tourism Board - TravelMole    

In the past year, Emirates has doubled the number of cities it offers via interline and codeshare agreements. The airline has been unlocking travel options to nearly 1,700 additional cities beyond its own network. This has enabled an average of over 61,000 passengers to connect on the shared networks of Emirates and its partners every week. Emirates’ partner collaboration comprises 31 codeshare, 118 interline and 13 rail and helicopter services partners. Having 162 partners in over 100 countries means an expanded network reach with more and better connections for travellers, it says. This results in seamless single ticket itineraries, through baggage transfers, frequent flyer benefits and lounge access. In the last year, Emirates launched 16 new partnerships which include codeshares with Avianca and Batik Air Malaysia. The airline also finalised and implemented interline arrangements with KAM Air, Sri Lankan Airlines, Condor, Flynas, Viva Aerobus, Sun Express, Maldivian, Siberia Airlines and Kenya Airways. Emirates’ rail codeshare partnerships extend across Europe with Trenitalia, Spanish Rail Renfe, Austrian Rail OBB and Swedish Rail SJ. The airline was also the first full-service carrier to enter into an interline partnership with BLADE, an urban air-mobility company to provide Emirates customers with helicopter flights between Nice and Monaco on a single ticket. Adnan Kazim, Chief Commercial Officer, Emirates said: “We’ve doubled down on our strategy and expanded our footprint across six continents.” “We’re forging new partnerships with like-minded airlines, rail partners and air mobility operators to provide a huge choice of onwards destinations like never before.”   

Related News Stories:  Centara Mirage Beach Resort Dubai | Family-friendly hotel | Dubai ...     United Airlines celebrates 10years at London Heathrow T2     Norse Atlantic Airways - TravelMole     Qatar Airways - TravelMole     Partner News - TravelMole     GHA Discovery - TravelMole     DidaTravel - TravelMole    

Emirates is offering all UK passengers a free, full-day pass to Aquaventure, dubbed the world’s largest waterpark. It is available for Emirates guests flying out of the UK for a Dubai getaway, booking flights until 12 September 2024. It is valid for departure until 3 October 2024. Aquaventure Waterpark is one of Dubai’st top tourist attractions, with 105 slides, attractions and experiences. It also features a one-kilometre-long beach. There is also a large kids’ zone with 16 dedicated kids’ attractions. The free Dubai water park offer is for bookings in any cabin class for departure from 26 August to 3 October 2024. The complimentary ticket to the Dubai water park entitles travellers to one full-day admission. It is valid for bookings made on emirates.com, the Emirates App, or via Emirates ticketing offices and call centres and travel agents.   

Related News Stories:  Kiwis to get visa-free travel to China     Emirates inks $52 billion order for Boeing wide-body jets     Centara Mirage Beach Resort Dubai | Family-friendly hotel | Dubai ...     Emirates names new UK chief     Emirates, MSC Cruises renew fly-cruise partnership     Emirates boosts Hong Kong flights     United Airlines celebrates 10years at London Heathrow T2     Emirates to fly to Madagascar     Free Wi-Fi takes off for Delta transatlantic flights     Emirates plans hiring 5,000 cabin crew - TravelMole    

Emirates will launch flights to Madagascar later this year. Four flights a week will operate from 3 September 2024, connecting Dubai with Antananarivo via a linked service with the Seychelles. The Madagascar flight times have been scheduled to optimise connections to and from key cities in Europe, the Far East, West Asia and the Middle East. Flights will operate every Tuesday, Thursday, Saturday and Sunday. The Madagascar flights via the Seychelles also enable two centre Indian Ocean holidays. Tourism is a key part of Madagascar’s economy, which is targeting welcoming one million tourist arrivals by 2028. The airline is also in discussion with Air Madagascar to offer further global connectivity. Adnan Kazim, Emirates’ Chief Commercial Officer said: “Madagascar has historically been underserved, despite growing appetite from travellers. Emirates understands the importance of offering customers efficient connectivity and premium travel experiences.” “This new Antananarivo-Dubai route represents a significant step forward for the development of tourism and trade between the two countries,” said H.E Manambahoaka Valéry Ramonjavelo, Madagascar’s Minister of Transport. Madagascar is the world’s fourth largest island, offering white sandy beaches, rainforests and three World Heritage UNESCO sites. Madagascar flights will be served by three-class Boeing 777-300ER jets with 8 First Class suites, 42 Business Class suites and 310 seats in Economy.   

Related News Stories:  Emirates, MSC Cruises renew fly-cruise partnership     Foreign Office issues urgent travel warning for 18 countries     Glasgow to get new SunExpress Turkiye flights for 2025     Centara Mirage Beach Resort Dubai | Family-friendly hotel | Dubai ...     MSC Cruises to sail a record seven ships from US in winter 2025-2026     MSC World America to offer largest MSC Yacht Club service     Mabrian: The world's best countries for international flight ...     British Travel Awards - TravelMole     easyJet Holidays - TravelMole     MSC Cruises - TravelMole    

Emirates has joined IATA’s Turbulence Aware Platform. It becomes the first airline to integrate the IATA platform with the latest version of Lido mPilot, the mobile navigation solution developed Lufthansa Systems. The integration collates a wealth of data that can make up-to-the-minute, accurate turbulence information and forecasts for pilots. In conjunction with the IATA Turbulence Aware Platform, the airline has equipped more than 140 aircraft with the required onboard software. This enables aircraft to automatically share turbulence reports with all airlines contributing data to the platform. All new aircraft joining the Emirates fleet in the coming years, such as the Airbus A350 and Boeing 777-9, 777-8 and B787, will be enabled to participate in the program. Captain Hassan Alhammadi, Divisional SVP, Flight Operations at Emirates said: "We're proud to contribute data around turbulence through our Middle East network and extensive links across Africa, Asia, Australia, and other regions.” "It will help build sophisticated industry knowledge to effectively manage turbulence and evolving weather patterns with even more precision." IATA's Turbulence Aware is a global, real-time information resource for pilots and aviation professionals to manage and mitigate the impact of turbulence. Turbulence is the main cause of passenger and crew injuries and often leads to higher fuel usage. Lido mPilot is a mobile navigational charting application from Lufthansa Systems and has been configured based on Emirates' specific operations. Lido mPilot provides pilots with easy access to terminal charts, a dynamically generated enroute map, and an Airport Moving Map.   

Related News Stories:  Air Astana - TravelMole     Partner News - TravelMole    

The Emirates Group just posted a new all-time record airline profit, as well as best ever revenue, and cash balance levels. Both Emirates and dnata saw significant profit and revenue increases in 2023-24. For the financial year with ended in March 2024, the Emirates Group posted a record airline profit of AED18.7 billion (US$ 5.1 billion), up 71% compared to last year. Group revenue was AED137.3 billion (US$ 37.4 billion), an increase of 15% over last year. Cash balance was AED47.1 billion (US$ 12.8 billion), which is the highest ever reported. In the last two years Emirates Group has clawed back all its pandemic era losses. In 2023-24, the Group collectively invested AED8.8 billion (US$ 2.4 billion) in new aircraft, facilities, equipment technology to support its growth plans. The total workforce grew by 10% to 112,406 employees, as Emirates and dnata continued recruitment activity to support expanded operations. 

Related News Stories:  Dubai Airport says 'stay away' as epic rainstorm wreaks havoc     London Stansted posts passenger traffic record     Traveltek celebrates 25 years and a year of record growth - TravelMole     Emirates adds more seat capacity on Australia flights - TravelMole     Centara Mirage Beach Resort Dubai | Family-friendly hotel | Dubai ...     Gold Medal | Incredible Journeys - TravelMole     Tourism Nova Scotia - TravelMole    

Emirates is set to restart daily Phnom Penh flights starting 1 May. The service is routed via Singapore. Tickets can be booked online through www.emirates.com or via travel agents. Adnan Kazim, Emirates’ Deputy President said: “The resumption of our Phnom Penh services demonstrates our commitment to strengthening our Southeast Asian network.” "We thank the Cambodian and Singaporean authorities for their support in establishing this new route.” The service will be operated with a three-class Boeing 777-300ER aircraft. The Phnom Penh flights offer 8 First Class private suites, 42 lie flat seats in Business Class and 310 in Economy Class. Capital Phnom Penh is noted for its heritage sites and tourist attractions including the Royal Palace with the Silver Pagoda, and the National Museum. Through its daily services to Phnom Penh and agreement with Cambodia Air, Emirates passengers can connect easily to Siem Reap, the gateway to the iconic Angkor Wat temple complex.   

Related News Stories:  Heathrow posts first post-pandemic profit