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Chief Financial Officer, Emirates Group. Michael joined Emirates in 2006 as Vice President for Outstation Finance and Risk Management at the Group’s headquarters in Dubai. In this role, he was responsible for the Finance activities across the airline’s network in more than 80 countries and the Group’s credit risk management in its home ...
Jul 10, 2023 · The Emirates Group and Dubai Future Foundation have signed a significant partnership to launch the Emirates Centre of Excellence for Aviation Robotics (ECEAR). Emirates has dedicated US$ 200 million to finance research and development initiatives aimed at mitigating the environmental impact of fossil fuels in commercial aviation.
May 13, 2022 · Emirates reports significantly improved financial results with a loss of AED 3.9 billion (US$ 1.1 billion) for its 2021-22 financial year, and a 91% revenue increase compared to the previous financial year. dnata reports a profit of AED 110 million (US$ 30 million) for its 2021-22 financial year. Revenue increased by 54% due to the global ...
Nov 9, 2023 · The Group also paid AED 4.5 billion in dividend to its owner, as declared at the end of its 2022-23 financial year. His Highness (HH) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group said: “We are seeing the fruition of our plans to return stronger and better from the dark days of the pandemic. The ...
May 13, 2022 · In 2021-22, Emirates received a further capital injection of AED 3.5 billion (US$ 954 million) from our ultimate shareholder, the Government of Dubai, and the Group tapped on various industry support programmes and availed a total relief of nearly AED 0.8 billion in 2021-22. As Emirates and dnata ramped up operations, employees previously on ...
Nov 9, 2023 · Emirates Group announces record half-year performance for 2023-24. Group: Record half-year profit of AED 10.1 billion (US$ 2.7 billion), up 138% from the same period last year, driven by strong demand for international travel across regions. Revenue up 20% to AED 67.3 billion (US$ 18.3 billion).
Chief Financial Officer, Emirates Group. Michael joined Emirates in 2006 as Vice President for Outstation Finance and Risk Management at the Group’s headquarters in Dubai. In this role, he was responsible for the Finance activities across the airline’s network in more than 80 countries and the Group’s credit risk management in its home ...
