Subscribe Free
in Business & Finance

Dnata continues to increase global business

Posted 9 November 2016 · Add Comment

Dnata continued to strengthen its global businesses which now span 83 countries. In the first half of 2016-17, Dnata's international operations accounted for over 67% of its total revenue.

 

Dnata’s revenue, including other operating income, is AED 6.0 billion (US$ 1.6 billion), a robust 14% increase compared to AED 5.2 billion (US$ 1.4 billion) last year. This solid performance was underpinned by the consolidation of dnata’s recent acquisitions in its ground handling businesses in Europe and Americas. Overall profit for Dnata was down slightly by 1% to AED 549 million (US$ 150 million), mainly due to the impact of the strong US dollar on currency repatriation from its international businesses, and also due to start-up investment costs in some of its new acquisitions. 

Dnata’s airport operations remained the largest contributor to revenue with AED 3.1 billion (US$ 843 million), a 31% increase compared to the same period last year. Across its operations, the number of aircraft handled by dnata increased significantly by 75% to 297,721, and it handled 1.2 million tonnes of cargo, up 28%, reflecting the new businesses acquired, as well as an increase in traffic at Dubai International airport over the same period last year. 

Dnata's travel division contributed AED 1.5 billion (US$ 404 million) to revenue, down 13% from the same period last year. The division’s underlying net sales decreased by 14% to AED 5.3 billion (US$ 1.4 billion), illustrating the impact of economic uncertainty and increased price competition in the travel and tourism industry. 

Dnata’s flight catering operation, contributed AED 1 billion (US$ 286 million) to its total revenue, up 3%. The number of meals uplifted was at 34.2 million meals for the first half of the financial year, up 5% compared to last year’s figure of 32.7 million.

* required field

Post a comment

Other Stories
Advertisement
Latest News

First landing on an unpaved Runway for the PC-24

The PC-24 has made its first landing on an unpaved runway.

Turkish Airlines adds Moroni in Comoros to its network

Turkish Airlines added Moroni - the biggest city and the capital of Comoros Union - to its network on 18 June 2018.

Jazeera's DIY terminal

Fed up with your home base’s terminal being overcrowded? Build your own. Alan Dron finds out that Kuwait’s Jazeera Airways has done precisely that.

The sound of silence on the flight deck

Airline pilots can at last benefit from a technology that has changed the world for passengers and general aviation pilots around the world. Alan Peaford travelled to Boston, USA, to visit the Bose Corporation and hear about the

Gulf Air’s double daily Bahrain–London 787-9 Dreamliner service takes off

Gulf Air has launched its double daily Boeing 787-9 Dreamliner service connecting Bahrain International Airport and London, Heathrow.

Etihad Airways passes the biennial IATA Operational Safety Audit

Etihad Airways has successfully passed the biennial IATA Operational Safety Audit (IOSA).

TAA SK0902311218
See us at
MEBAA BT1004121218Cargo BT1004091018Istanbul Airshow BT22018AIME19BTA3005120219GATM BT1004061118ASDubai BT1004091018BIAS BT271017161118