Better revenue, fuel costs lift Emirates profit

[DUBAI] Emirates, Dubai's flagship airline, yesterday reported a 43 per cent jump in 2013 net profit, helped by higher revenue and lower fuel costs although runway maintenance work will impact income this year.

The world's fourth largest carrier of international passengers posted a profit of 3.3 billion dirhams (S$1.1 billion) for the year to March 31, up from 2.3 billion dirhams a year earlier, it said in a statement.

The world's biggest customer of the Airbus A380 superjumbo said profit for the wider Emirates Group, which includes airline services arm Dnata, rose 32 per cent to 4.1 billion dirhams.