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Imagine Cruising helps drive up dnata travel group half year revenues

Imagine Cruising was among dnata travel division brands that helped the Emirates Group subsidiary drive up half-year revenues by 23%.

The division contributed $483 million to revenue, compared to $391 million for the same period last year.

Dnata noted “strong contributions” from its Imagine Cruising, Destination Asia and Middle East Corporate Travel businesses. 

The travel division, which includes Gold Medal brands in the UK, reported underlying total transactional value (TTV) sales of $1.2 billion, compared to $1.1 billion for the same period last year.

Overall pre-tax profit for dnata, also including airport operations, flight catering and retail, came in at $196 million, down 5%, based on revenue up 11% year-on-year to $2.8 billion.

The figures were detailed as parent company Emirates Group delivered record half year results with a pre-tax profit up one per cent to $2.8 billion with revenue up 5% to $19.3 billion.

The airline Emirates produced a pre-tax profit of $2.6 billion, up 2% year-on-year, with revenue up 5% to $16.9 billion.

The Dubai-based carrier increased scheduled flights to Amsterdam, Cebu, Clark, Luanda, Lyon, Madrid, Manila and Singapore in the six month period.

Daily services were resumed to Phnom Penh in Cambodia via Singapore in May followed in June by a new daily service to Bogota via Miami, expanding the airline’s South American presence to Colombia. 

A new route to Madagascar via the Seychelles in September took its passenger and cargo network to 148 airports in 80 countries.

Emirates airline and group chief executive Sheikh Ahmed bin Saeed Al Maktoum said: “The group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25. 

“This again illustrates the power of our proven business model working in combination with Dubai’s growth trajectory as a city of choice to live, work, visit, connect through, and do business in.

“The group’s strong profitability enables us to make the investments necessary for our continued success. 

“We’re investing billions of dollars to bring new products and services to the market for our customers; to implement advanced technologies and other innovation projects to drive growth; and to look after our employees who work hard every day to ensure our customers’ safety and satisfaction.”

He added: “We expect customer demand to remain strong for the rest of 2024-25, and we look forward to increasing our capacity to grow revenues as new aircraft join the Emirates fleet and new facilities come online at dnata. 

“The outlook is positive, but we don’t intend to rest on our laurels. We will stay agile in deploying our capacity and resources in a dynamic marketplace.”

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