Annual Report 2008-2009 - Emirates.com

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At 31 Mach 2009: Fleet information Aircraft In operation On firm order On option B777-200 9 - - B777-300 12 - - B777-300ER 42 29 20 A330-200 29 - - A340-300 8 - - A340-500 10 - - A350-900/1000XWB - 70 50 A380-800 4 54 - B777-200LR 10 - - B777-200LRF 1 - B747-400ERF 2 - - Total 127 153 70 Emirates also had five B747 freighters on wet lease for its cargo operations at 31 March 2009. In addition to above, Emirates has contracted for three B777-200LRF and five B747-800F for delivery from Dubai Aerospace Enterprise (DAE) on operating lease. During the year three A310 freighter aircraft were disposed off. Emirates operates one of the youngest fleet in the industry with an average age of 64 months compared with an industry average of 183 months. Age (Months) 200 160 120 80 40 0 065 Average fleet age: Emirates and industry 2004-05 2005-06 2006-07 2007-08 2008-09 Industry Emirates
Dnata 066 Revenue 2008-09 2007-08 AED million % AED million % Airport operations 1,505 47.6 1,126 44.1 Information technology 568 18.0 484 18.9 Cargo 536 17.0 410 16.0 Agency commission 202 6.4 183 7.2 Reservations system 155 4.9 167 6.5 Sale of goods 117 3.7 119 4.7 Other 76 2.4 65 2.6 Total operating revenue 3,159 100.0 2,554 100.0 47.6% Airport operations 18.0% Information technology 17.0% Cargo 6.4% Agency commission 4.9% Reservations system 3.7% Sale of goods 2.4% Other Revenue
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Annual Report 2008-2009 The Emirate
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The Emirates Group Emirates is the
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4 The Emirates Group Chairman and C
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6 The Emirates Group Chairman and C
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8 The Emirates Group Executive Vice
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First Class Suite 10 Emirates Presi
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12 Emirates The Airline Emirates A3
Page 16 and 17: 14 Emirates The Airline 15 Emirates
Page 18 and 19: Other firsts included: The implemen
Page 20 and 21: A series of relief charter flights
Page 22 and 23: In West Asia, the total number of f
Page 24 and 25: Public, International, Industry and
Page 26 and 27: the aircraft had a direct impact on
Page 28 and 29: Creek extensions, and finally linki
Page 30 and 31: In Dubai, Dnata Travel Services ope
Page 32 and 33: coordination between them. This has
Page 34 and 35: Government Travel Services (GTS) ex
Page 36 and 37: XDAS also provided support for the
Page 38 and 39: EmQuest EmQuest is a travel distrib
Page 40 and 41: airport by serving 99,000 flights d
Page 42 and 43: Creation of the Customer Knowledge
Page 44 and 45: Tanzania; oversee Dnata Travel’s
Page 46 and 47: external agencies such as Dubai Imm
Page 48 and 49: - An enhanced version of flightcrew
Page 50 and 51: 3 was heavily advertised, This incl
Page 52 and 53: was attended by officials of the Ba
Page 54 and 55: Contents Financial Report 2008-2009
Page 56 and 57: Consolidated financial statements T
Page 58 and 59: Profitability Group net profit for
Page 60 and 61: Value added Value added is a measur
Page 62 and 63: Fuel and oil 14,443 Employee (see (
Page 64 and 65: Capacity, traffic, load factor and
Page 68 and 69: Expenditure 067 2008-09 2007-08 AED
Page 70 and 71: Employee strength and productivity
Page 72 and 73: Independent auditor’s report to t
Page 74 and 75: Consolidated balance sheet as at 31
Page 76 and 77: Consolidated cash flow statement fo
Page 78 and 79: 2. Summary of significant accountin
Page 84 and 85: 3. Critical accounting estimates an
Page 86 and 87: 4. Revenue (continued) Transport re
Page 88 and 89: 10. Property, plant and equipment C
Page 90 and 91: 11. Intangible assets Cost 1 April
Page 92 and 93: Movement of investments in associat
Page 94 and 95: 14. Other investments (continued) (
Page 96 and 97: 18. Capital Capital represents the
Page 98 and 99: 22. Term loans Balance brought forw
Page 100 and 101: 24. Provisions (continued) (i) Fund
Page 102 and 103: 27. Trade and other payables Trade
Page 104 and 105: 32. Derivative financial instrument
Page 106 and 107: 34. Related party transactions The
Page 108 and 109: 35. Financial risk management Finan
Page 110 and 111: 35. Financial risk management (cont
Page 112 and 113: 36. Capital risk management Emirate
Page 114 and 115: Consolidated income statement for t
Page 116 and 117:
1 April 2007 62,615 Currency transl
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1. Establishment and operations Not
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2. Summary of significant accountin
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2. Summary of significant accountin
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8. Property, plant and equipment Co
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10. Investments in subsidiaries, as
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12. Trade and other receivables Tra
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14. Employee end of service benefit
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17. Trade and other payables Less t
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23. Related party transactions The
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24. Financial risk management Dnata
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24. Financial risk management (cont
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Annual Report 2008-2009 - Emirates.com

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