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Information about United Arab Emirates

Country Flag United Arab Emirates
Country Code AE
Region Europe

United Arab Emirates News (1)

02 November
Emirates' first-half profit soars to $926 million

Emirates looks to have quickly put the global economic downturn behind it, reporting a net profit of AED3.4 billion ($926 million) for its fiscal year first half ended Sept. 30, significantly widened from an AED752 million profit in the year-ago period.

Chairman and CEO Ahmed bin Saeed Al Maktoum called the results "incredibly robust," adding, "We continue to invest our profits in growing the business and our healthy financial position enables us to successfully meet all of our financial commitments and raise financing for future aircraft deliveries. Our strong position today is reflective of our ability to adapt, returning us to a vigorous period of growth."

First-half revenue jumped 35.5% year-over-year to AED26.5 billion while expenses rose 22.6% to AED23 billion. EK said it carried 15.5 million passengers over the six-month period, up 17.3% compared to the first half of FY2009-2010. Load factor was 81.2%, a record for the carrier in the first half of a fiscal year. "Premium class seat factors have also risen by 2.6 percentage points, reflecting an encouraging change in the global economic outlook," EK stated. Six-month traffic as measured in RPKs increased 19.4% year-over-year while ASKs lifted13.9%.

Its SkyCargo unit tallied a 48.4% year-over-year increase in first-half revenue to AED4.4 billion as cargo tonnage carried heightened 23.7% to 897,000 tonnes. "SkyCargo continues to post steady revenue growth contributing around 17.8% of the airline's transport revenue," the Dubai-based company said.

EK's cash balance stood at AED12.5 billion as of Sept. 30, up 18.5% compared to March 31. "This increase in the cash balance was achieved after settling capital outflows of AED2.4 billion, primarily towards aircraft pre-delivery payment and other aircraft assets," it noted.

During the six months, the airline took delivery of five Airbus A380s and one Boeing 777.

Companies located in United Arab Emirates (94)

No. Company name Logo IATA Prefix
1 Aerovista Aerovista
2 Badr Airlines Badr Airlines
3 British Gulf International Airlines British Gulf International Airlines
4 Click Airways Click Airways ะก4 094
5 Emirates Emirates EK 176
6 Empire Airlines Empire Airlines EM
7 ETIHAD Crystal Cargo ETIHAD Crystal Cargo EY 607
8 Expo Aviation (PvT) Ltd. Expo Aviation (PvT) Ltd. 8D 319
9 Maximus Air Cargo Maximus Air Cargo 087
10 Jet-Ops FZE Jet-Ops FZE
11 Captains Freight Services Fzco Captains Freight Services Fzco
12 Dynamic Freight & Logistics FZC Dynamic Freight & Logistics FZC
13 HeavyLift International Airlines HeavyLift International Airlines
14 Nexis Aviation Nexis Aviation
15 Air Arabia Air Arabia G9 514
16 Al-Naser Airlines Al-Naser Airlines 6N
17 Air Cargo Integrators FZC Air Cargo Integrators FZC
18 Daallo Airlines Daallo Airlines D3 991
19 Dolphin Air Dolphin Air ZD 338
20 Jet Airways (India) Ltd. Jet Airways (India) Ltd. 9W 589
21 National Air Cargo Group, Inc. d/b/a National Airlines National Air Cargo Group, Inc. d/b/a National Airlines N8 416
22 Royal Brunei Airlines Sdn. Bhd. Royal Brunei Airlines Sdn. Bhd. BI 672
23 Safi Airways Ltd. Safi Airways Ltd. 4Q 741
24 UNION Logistics FZE UNION Logistics FZE
25 Infinity Logistics Infinity Logistics
26 The Emirates Group The Emirates Group
27 EUROASIAN AIR SERVICE INC. EUROASIAN AIR SERVICE INC.
28 GlobCon Logistics GlobCon Logistics
29 STARLIGHT AIRLINES STARLIGHT AIRLINES QP 321
30 Starlight Maritime Starlight Maritime
31 ADR Aviation Services FZE ADR Aviation Services FZE
32 Aero Freight Company Ltd. Aero Freight Company Ltd.
33 ALLSTA LOGISTICS & GENERAL TRADING FZC ALLSTA LOGISTICS & GENERAL TRADING FZC
34 Apt International Shipping Fze Apt International Shipping Fze
35 Aqua Logistics FZE Aqua Logistics FZE
36 Aramex Emirates (L.L.C.) Aramex Emirates (L.L.C.)
37 AVE.COM (FZC) AVE.COM (FZC) P3
38 AVEO INTERNATIONAL (FZC) AVEO INTERNATIONAL (FZC)
39 AVGO Middle East FZC AVGO Middle East FZC
40 AVICON INTERNATIONAL LTD AVICON INTERNATIONAL LTD
41 Cargo Solutions FZE Cargo Solutions FZE
42 Chapman Freeborn Aviation Services FZE Chapman Freeborn Aviation Services FZE
43 Clique International FZC Clique International FZC
44 DDB LOGISTICS DDB LOGISTICS
45 DFS Middle East F.Z.E DFS Middle East F.Z.E
46 Flying Carpet Express Flying Carpet Express
47 Freight & Logistics Services FZC Freight & Logistics Services FZC
48 Freight Solutions Freight Solutions
49 Freight Systems Co. Ltd. (l.l.c) Freight Systems Co. Ltd. (l.l.c)
50 International Air Services LLC
 
51 MSN Logistics Inc MSN Logistics Inc
52 Quick Link Aviation Services Fze Quick Link Aviation Services Fze
53 SNG trans FZC SNG trans FZC
54 SkyLink Aviation FZE SkyLink Aviation FZE
55 Unitrans Ltd Unitrans Ltd
56 Track Aviation Services Track Aviation Services
57 Sharjah Aviation Services Sharjah Aviation Services
58 Sayegh Group Aviation & Transportation Sayegh Group Aviation & Transportation
59 Luko Aviation FZC Luko Aviation FZC
60 Link Aviation FZE Link Aviation FZE
61 Gama Aviation FZC Gama Aviation FZC
62 Emir Aviation Services International (EASI) FZC Emir Aviation Services International (EASI) FZC
63 Corvus Aviation (FZE) Corvus Aviation (FZE)
64 BEL Aviation FZC BEL Aviation FZC
65 Aviation Services Management (ASM) Aviation Services Management (ASM)
66 Universal Logistics FZE Universal Logistics FZE
67 Sharaf Logistics (L.L.C) DAFZA Sharaf Logistics (L.L.C) DAFZA
68 M&M Militzer & Muench L.L.C M&M Militzer & Muench L.L.C
69 Access Flight Support FZE Access Flight Support FZE
70 GHS Middle East FZCO GHS Middle East FZCO
71 Afrasa Cargo FZCO Afrasa Cargo FZCO
72 Skyplan FZC Skyplan FZC
73 Midex Airlines Midex Airlines MG 791
74 ExecuJet Aviation Group ExecuJet Aviation Group
75 SKA International Group SKA International Group
76 Palm Aviation FZCO Palm Aviation FZCO
77 International Transport Services FZCO International Transport Services FZCO
78 Empire Aviation Group FZCO Empire Aviation Group FZCO
79 Sama Aviation FZE Sama Aviation FZE
80 Fly Aviation Services Fly Aviation Services
81 4 ALL LOGISTICS.FZCO 4 ALL LOGISTICS.FZCO
82 Calogi Calogi
83 VOLGA-DNEPR GULF (UAE) FZC VOLGA-DNEPR GULF (UAE) FZC
84 RAK Airways RAK Airways RT
85 Global Aerospace Logistics, LLC. Global Aerospace Logistics, LLC.
86 Able Logistics Group FZCO Able Logistics Group FZCO
87 TITAN AVIATION TITAN AVIATION
88 Mercator Mercator
89 Avjet Routing Avjet Routing
90 RUS Aviation RUS Aviation R6
91 GLOBAL AVIATION SERVICES GLOBAL AVIATION SERVICES
92 Global Freight Solutions FZE Global Freight Solutions FZE
93 Al Jaber Aviation Al Jaber Aviation
94 Falcon Aviation Services Falcon Aviation Services

United Arab Emirates Airports (9)

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