Overall profit at the Emirates Group subsidiary fell by 26% to Dh339m
Dubai: Dnata’s airport operations revenue contribution increased 3 per cent to Dh1.4 billion in the six months to September 30, 2014, according to Emirates Group’s half-year result released on Wednesday.
But overall profit dropped at the Emirates Group subsidiary, which is responsible for ground handling services at Dubai International and Al Maktoum International at Dubai World Central.
Profits fell 26 per cent to Dh339 million due to handling less aircraft at Dubai International during the 80-day runway closure period as well as incurred costs to set up and launch handling operations at Dubai World Central, Emirates Group said in a statement.
The company handled 1,263 fewer aircraft compared to the same period a year ago — or just 1 per cent less.
Overall revenue increased 22.2 per cent to Dh4.6 billion. Revenue from in-flight catering was Dh1 billion, a 15 per cent increase, and revenue from its travel services operations recorded a 161 per cent jump to Dh873 million.
The company’s cargo handling division saw revenue increase by 18 per cent to Dh644 million as tonnage handled rose by 3 per cent to 835,979 tonnes.