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Airports

Acquisitions boost the bottom line for dnata

13 May 2019

Emirates announced on 9 May that its ground-handling subsidiary dnata posted a record annual profit of AED1.4 billion (USD394 million) in 2018, out of total group profits of AED2.3 billion.

Dnata revenues grew by 10% to AED14.4 billion in the financial year ended 31 March 2019. International activities accounted for 70% of this total, including the acquisition of businesses in Australia (the catering division of Qantas) and the US (121 Inflight Catering).

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To contact the author of this article, email Ben.Vogel@ihsmarkit.com


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