Traditional Culture Encyclopedia - Hotel accommodation - Please tell me about Emirates Airlines--------
Please tell me about Emirates Airlines--------
Despite the unprecedented challenges faced by both the aviation and tourism industries, Emirates has remained profitable for the 21st consecutive year. Affected by record high oil prices in the first half of last year and the global economic crisis, the group's fiscal year net profit was AED 1.49 billion (USD 406 million), down from AED 5.3 billion (USD 1.45 billion) in the same period last year. 72 (as of March 31, 2009). At the same time, the group's total revenue was 46.3 billion dirhams (US$12.6 billion), an increase of 10.4% from 41.9 billion dirhams (US$11.4 billion) in the same period last year, marking the continued development of the group's business. The group's cash flow position remains strong at AED 8.7 billion (USD 2.4 billion) compared with AED 14 billion (USD 3.8 billion) last year. This cash position comes as the group purchases new aircraft, invests in building a twin-tower hotel and new employee dormitories, pays dividends to company owners, and invests heavily in product and service upgrades, including investing millions of dollars to build airlines throughout its route network. Emirates acquired its exclusive lounge and refurbished the interior facilities of its modern fleet. In the 2008-09 financial year, the Group contributed approximately AED 58.8 billion (USD 16 billion) to the economy of the United Arab Emirates. H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Group His Highness Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive Officer of Emirates Airline and Group Bin Saeed Al-Maktoum said: "We have been profitable for the 21st consecutive year. Although it is 72% lower than last year's unprecedented high profit record, this result is still satisfactory in this year's recession environment." The Group's results this year demonstrate its flexibility in difficult times and its ability to strategically grow its business and customer needs. During the fiscal year, the company continued to invest in strengthening its operational capabilities in technology, product innovation and customer service while strictly controlling costs. In the first six months of the last financial year, as fuel prices soared to a record high of $147 (Dh540) a barrel, a weakening global economy reduced customer demand, and the subsequent depreciation of the dollar against other major currencies and other unfavorable factors. As a result, the group's profitability and net profit margin dropped to 3.3 compared with 13.2 in the same period last year. Fuel costs remain the largest expense in the company's operating costs for five consecutive years, with the proportion rising to 36.2 from 32.9 last year, setting a new high. His Highness Ahmed said: "No one could have predicted the impact of the financial crisis that is sweeping the world. Emirates has been trying to maintain flexibility and responsiveness in a complex and changing economic environment to weather this crisis. "We will meet the challenges with determination, improved efficiency and industry-leading innovation. In the 2008-09 financial year, the Emirates Group achieved two landmark achievements: firstly, it took over. Its first A380 aircraft marked a new era of environmentally friendly flight, and dnata made outstanding contributions to improving ground management procedures to operate this advanced aircraft; secondly, we witnessed the completion of the newly completed Terminal 3. The successful opening of Dubai International Airport, a modern terminal dedicated to Emirates, with dnata overseeing ramp operations and managing advanced baggage systems,” he added. As the year progresses, the outlook is not improving, but demand for business and first class cabins remains subdued in many markets. Having fully anticipated the global economic situation and the challenges it will pose to our business. We remain confident that the Emirates Group will continue to achieve satisfactory results in the coming year. “Our development plans remain unchanged and we have withstood the test of last year and achieved satisfactory results, maintaining our award-winning service standards. , and there will be no layoffs in the face of the unpredictable market outlook. Emirates Airlines, dnata and other subsidiaries of the Emirates Group will continue to move forward steadily.
" His Highness Ahmed also reiterated Emirates' plan to continue receiving 18 new aircraft in the next fiscal year. He said: "We will promote the expansion of our fleet size and route network. With a strong business foundation and good operating records, we have sufficient financial resources to support the company's development. In fact, so far, most of the aircraft scheduled to be received next year have been financially secured." billion), an increase of 99% from AED 40.2 billion (USD 10.95 billion) in the previous fiscal year, while the company’s profit of AED 982 million (USD 268 million) was AED 5 billion (USD 1.37 billion). ) decreased by 80.4. In the 2008-09 fiscal year, Emirates added four Airbus A380 aircraft, 10 Boeing 777-300ER extended range aircraft and six Boeing 777-200LRs. It already has 132 aircraft, including 8 all-cargo aircraft. The average age of Emirates' fleet is 64 months, making it one of the youngest commercial fleets in the sky as of the end of this fiscal year, excluding priority purchases. During the fiscal year, Emirates successively opened 4 new passenger destinations around the world - Kozhikode (formerly known as Cali). Carter), Guangzhou, Los Angeles and San Francisco, while increasing flight frequencies in markets with greater demand. With a 13.4 increase in passenger numbers, the company's overall passenger load factor (including passenger and cargo) increased by 7.7 to 75.8. 15.879 billion ton-kilometers, while the overall carrying capacity increased by 1.05 to 24.397 billion ton-kilometers. The production capacity reached 256 fils (69.8 cents) revenue ton-kilometers (RTKM) compared with 236 fils (64.4 cents) in fiscal year 2007-08, an increase of up to 10%. 8.4, slightly higher than the 8.2 increase in unit costs affected by high fuel prices and operating expenses. These increases helped reduce the breakeven load factor to 63.9% from 64.1 last year. Emirates continues to focus on improving its air and ground products. Quality of service. Emirates has refurbished the first-class, business-class and economy-class seats of its traditional Boeing 777 aircraft, and equipped all three classes with ice (information, communication and entertainment) systems that can watch more than 1,000 channels. In terms of ground services, with the completion and opening of Terminal 3 of Dubai International Airport, Emirates' airport services have made great progress. At New York's John F. Kennedy International Airport, Emirates has customized a connecting Emirates lounge. In addition, Emirates has opened exclusive lounges at Beijing, Dusseldorf, Johannesburg, Mumbai and Zurich airports, expanding the number of lounges to 20, with three more under construction. In preparation. Emirates’ frequent flyer program Skywards welcomes its 4 millionth member this financial year, with an average of one new member joining every 41 seconds on Emirates’ official website and e-commerce portal www.emirates. com, www.emirates.cn (Chinese), has been converted into a mobile version format. Passengers can easily log in using their mobile communication devices to book Emirates tickets and change itineraries anytime and anywhere. Despite soaring oil prices in the first half of last year and the global economic recession having a serious impact on the world's trade and logistics freight landscape, Emirates SkyCargo is still performing well. The cargo transported by SkyCargo increased by 9.8% to 1.4 million tons compared with 1.3 million tons last year, and total revenue reached 7.7 billion dirhams ($2.1 billion), an increase of 14.8% from 6.7 billion dirhams ($1.8 billion) last year. Cargo revenue accounts for 19% of Emirates' total revenue. SkyCargo's freight division took delivery of its first 777 freighter at the end of the fiscal year, bringing the total cargo fleet to eight aircraft - including seven 747Fs and a new 777F freighter.
Including the cargo belly warehouse of passenger flights, Emirates SkyCargo cargo department uses 132 aircraft to fly to 99 cities on six continents around the world. Emirates' Destination and Leisure Management unit generated revenue of Dh1.4 billion ($373 million) during the financial year, the same as last year amid a global economic downturn. Emirates Holidays and Arabian Adventures together served more than 349,000 guests this financial year, with Arabian Adventures also hosting 267,000 visitors to Dubai, while International Conference Solutions Services organizes several major global summits on behalf of the World Travel & Tourism Council, the World Economic Forum and the Government of Dubai. Emirates Hotels and Resorts' environmentally-friendly Wolgan Valley Resort in Australia's South Mountains will officially open in October 2009, and Cap Ternay Resort in the Seychelles will officially open in 2011-12. Dnata's revenue increased by 22% to Dh3.25 billion ($886 million) compared with Dh2.67 billion ($727 million) last year. Although dnata had to deal with trial operation challenges last year as business volumes increased, its profits still rose by 6.64% to 507 million dirhams ($138 million). dnata remains central to the group's growth, serving 244,516 flights (up 2.3%), 37 million passengers (up 5.7%) and 627,350 tonnes of cargo (down 0.8%). In the 2008-09 financial year, dnata continued to expand its international airport ground handling operations, with its current service footprint extending to 17 airports in 7 countries. dnata has successfully created an online cargo service port - CALOGI, which provides the most comprehensive comprehensive solution in the cargo industry and is also the largest and most convenient system supporting the International Air Transport Association's electronic cargo system. dnata Travel Services opened its 50th store in 2008 and last year marked its 50th year of operation. The department has also partnered with Dunya Travel Agency to open Afghanistan's first one-stop travel shop in Kabul. dnata also acquired a 23 stake in travel company Hogg Robinson Group last year. After the opening of its new store in Dubai, Emirates Business Travel Services Group's sales increased by 14%. Over the past five years, dnata has grown steadily at a compound revenue growth rate of 10%. Looking ahead, dnata hopes to continue to maintain single-digit overall revenue growth over the next two years. The Emirates Group, working closely with Whitbread Plc, has opened 65 Costa coffee shops in the UAE, making it the country with the most Costa coffee shops outside the UK. The first top-level hotel (Premier Inn) jointly established by the two in Dubai opened in April 2008, the second opened in May 2009, and the third is expected to be completed in November 2009. As of March 31, 2009, the Group and its subsidiaries had 48,246 employees from 145 countries. In the previous 12 months, the group received more than 250,000 resumes from around the world and hired more than 7,000 of them. For full reports and data on the Emirates Group, including Emirates Airline, dnata and other subsidiaries, please visit www.ekgroup.com/mediacentre.
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