Emirates passes 39 million passengers milestone

DUBAI: Emirates has hit a record high of 39.4 million passengers, an increase of 16 per cent over the last one year.

With an increase in seat capacity-Available Seat Kilometres (ASKMs) of 18 per cent the result highlights a strong consumer desire to fly on Emirates’ state-of-the-art aircraft. The carrier logged a robust Passenger Seat Factor, at 80 per cent, remaining consistent with last year’s results.

The Emirates Group made the disclosure just as it declared its 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic environment.

Emirates passes 39 million passengers milestoneThe financial year also ended with some positive newly reached capacity milestones throughout the business.

Speaking during this event, His Highness (H.H) Sheikh Ahmed bin Saeed Al Maktoum, chairman/chief executive, Emirates Airline and Group, said: “Achieving our 25th consecutive year of profit in a financial year with our largest ever increase in capacity across the network is an achievement that speaks to the strength of our brands and our leadership.

“Throughout the 2012-13 financial year the group has collectively invested over $3.8 billion in new aircraft, products, services and handling facilities as well as the newly opened JW Marriott Marquis Hotel in Dubai.

This investment has resulted in an increased customer base and a rise in global brand awareness. Every dirham that we earn is strategically placed back into our business and it is this tenacious approach that has allowed the group to maintain such strong and consistent profitability under challenging circumstances.”

In spite of the difficult operating environment, the group continued to invest in and expand on its employee base, increasing its overall staff count by 12 per cent to 68,000. Emirates continued with its growth plan and during the financial year saw the largest increase in capacity in the airline’s history receiving a staggering 34 new aircraft, the highest in any single year and an unprecedented achievement.

Raising more than $7.8 billion, also a first, through a variety of financing structures, funded these aircraft.

Overall capacity measured in Available Tonne Kilometres (ATKMs) increased by 5.5 billion tonne-kilometres.

Other significant capacity increases include launching 10 new destinations across six continents, shipping more than two million tonnes of cargo for the first time and carrying an additional 5.4 million passengers over last year, the highest increase in a financial year.

In the 2012-13 financial year Emirates’ fuel bill increased by 15 per cent over last year to reach AED27.9 billion ($ 7.6 billion). With total operating costs increasing by 16 per cent compared to a revenue increase of 17 per cent over last year.

Emirates airline operates two flights daily from Lagos. For families on the move, the airline provides dedicated children’s menus and activities, and ICE, Emirates’ award winning entertainment system, offering up to 1,400 channels of on-demand entertainment in every seat.

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