Emirates' profits rise by 43% in 2013 to $887m

Thursday 08 May 2014 08.19
Fuel costs dropped and passenger numbers rose last year for Emirates Airlines
Fuel costs dropped and passenger numbers rose last year for Emirates Airlines

Emirates Airlines, the largest Middle East carrier, today posted a 43% surge in profit to $887m last year as fuel costs dropped and passenger numbers rose. 

Net profit in 2013 hit 3.3 billion dirhams ($887m) compared to 2.3 billion dirhams ($622m) the previous year, the company announced.

Fuel costs dropped by around 4%, Emirates chief Sheikh Ahmed bin Saeed al-Maktoum told reporters, while passenger numbers increased by 13%.