Jumping High

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Dubai based Emirates Airline said its net profit rose 73.5 percent to US$ 429 mn, while revenues grew 37 percent to US$ 3.6 bn for the financial year ending March 31, 2004.
SriLankan Airlines key strategic partner also said they carried 10.4 mn passengers endash 23 percent more than the previous year.rn

rnThe total profits of the Emirates Group (which includes Emirates Airline, Dnata and associated companies) were an all-time high of US$ 476 mn, 67 percent better than last year. The Groups total revenue was a record US$ 3.8 bn, up 35.5 percent from last year, the airline said in a statement. rn

rnDnatas profit of US$ 47 mn was 23 percent better than last year, on turnover of US$ 298 mn, 14 percent above the year before. rn

rnThe Groups record annual results stem from growing customer preference for the airline and the products and services of its associated travel-related companies. rn

rnCargo traffic grew 26 percent to around 660,000 tonnes in the year, lifting the divisions revenue by 42 pe