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Message: <blockquote data-quote="yosh371" data-source="post: 28850782" data-attributes="member: 329295"><h3 style="text-align: center">Emirates reports its most profitable year ever</h3> [ATTACH=full]204782[/ATTACH]Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year <ul> <li data-xf-list-type="ul">Group revenue of AED 119.8 billion (US$ 32.6 billion) increased by 81% with strong customer demand worldwide with almost all travel restrictions removed. </li> <li data-xf-list-type="ul">Ends year with highest-ever cash balance of AED 42.5 billion (US$ 11.6 billion). </li> <li data-xf-list-type="ul">The Group has declared a dividend of AED 4.5 billion (US$ 1.2 billion) to its owner ICD, Investment Corporation of Dubai. </li> <li data-xf-list-type="ul">Repays AED 3.0 billion (US$ 817 million) of debt raised during COVID-19 crisis, partly ahead of maturity. </li> <li data-xf-list-type="ul">Chairman credits the Group’s record performance and ongoing success to HH Sheikh Mohammed bin Rashid Al Maktoum’s leadership and Dubai’s progressive policies. </li> </ul> Emirates reports its most profitable year ever with a profit of AED 10.6 billion (US$ 2.9 billion) compared with AED 3.9 billion (US$ 1.1 billion) loss in the previous year <ul> <li data-xf-list-type="ul">Revenue up 81% to AED 107.4 billion (US$ 29.3 billion), as airline restored its global network and reinstated more passenger flights. </li> <li data-xf-list-type="ul">Airline capacity increased by 32% to 48.2 billion ATKMs, with two new 777 freighter aircraft added to its fleet. </li> </ul> dnata reports a profit of AED 331 million (US$ 90 million), a solid growth from its AED 110 million (US$ 30 million) profit last year <ul> <li data-xf-list-type="ul">Revenue increased by 74% to AED 14.9 billion (US$ 4.1 billion), reflecting the ongoing pandemic recovery across all business divisions in the UAE and worldwide. </li> <li data-xf-list-type="ul">Expands global footprint with launch of operations in Zanzibar, Tanzania; new cargo operations in Germany and Canada, and acquiring full ownership of ground handling operations in Brazil. </li> </ul> is available at: <a href="http://www.theemiratesgroup.com/annualreport" target="_blank">www.theemiratesgroup.com/annualreport</a></blockquote>

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