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Emirates Group Announces 2017/18 results

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Solid business growth in line with capacity increases leading to a record revenue of more than AED 100 billion (US$ 27.2 billion) for the 1st time
Improved cash balance of AED 25.4 billion (US$ 6.9 billion)  Declares a dividend of AED 2.0 billion (US$ 545 million) to the Investment Corporation of
Dubai
Emirates reports a profit of AED 2.8 billion (US$ 762 million), 124% better
than the previous year
 Airline capacity crosses 61 billion ATKM with a net addition of 9 new aircraft to the fleet  Revenue increases by 9% to AED 92.3 billion (US$ 25.2 billion), supported by strong cargo
performance
dnata makes highest profit ever, at AED 1.3 billion (US$ 359 million)  Record revenue of AED 13.1 billion (US$ 3.6 billion) reflects further business expansion,
with international business now accounting for 68% of revenue .  Expands global footprint with ground handling acquisitions in the Americas, adds new
facilities and service capabilities across its airport operations, catering, and travel services
divisions
DUBAI, UAE, 9 May 2018 – The Emirates Group today announced its 30th
consecutive year of profit and steady business expansion.
Released today in its 2017-18 Annual Report, the Emirates Group posted a
profit of AED 4.1 billion (US$ 1.1 billion) for the financial year ended 31
March 2018, up 67% from last year. The Group’s revenue reached AED 102.4
billion (US$ 27.9.billion), an increase of 8% over last year’s results, and the
Group’s cash balance increased by 33% to AED 25.4 billion (US$ 6.9 billion)
supported by the bond issued in March and strong sales due to the early Easter
holidays at the end of March.
In line with the overall profit, the Group declared a dividend of AED 2.0 billion
(US$ 545 million) to the Investment Corporation of Dubai.
His Highness (H.H.) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and
Chief Executive, Emirates Airline and Group, said: “Business conditions in
2017-18, while improved, remained tough. We saw ongoing political instability,
currency volatility and devaluations in Africa, rising oil prices which drove our
costs up, and downward pressure on margins from relentless competition. On
the positive side, we benefitted from a healthy recovery in the global air cargo

industry, as well as the relative strengthening of key currencies against the US
dollar.
“We’ve always responded to the challenges of each business cycle with agility,
while never losing sight of the future, and this year was no exception. In 2017-
18, Emirates and dnata delivered our 30th consecutive year of profit, recorded
growth across the business, and continued to invest in initiatives and
infrastructure that will secure our future success.”
In 2017-18, the Group collectively invested AED 9.0 billion (US$ 2.5 billion) in
new aircraft and equipment, the acquisition of companies, modern facilities, the
latest technologies, and staff initiatives.
Emirates announced two significant commitments for new aircraft during the
year: a US$ 15.1 billion agreement for 40 Boeing 787-10 Dreamliners which
will be delivered from 2022, and a US$ 16 billion agreement for 36 additional
A380 aircraft, including 16 options.
dnata’s key investments during the year included: acquisition of AirLogistix
USA, marking its entry in the US cargo market; expansion of cargo handling
capabilities with new warehouses and equipment at London Gatwick,
Amsterdam-Schiphol, and Adelaide; new catering facilities in Dublin and
Melbourne; and new marhaba lounges in Karachi and Melbourne.
Sheikh Ahmed said: “While expanding our business and growing revenues, we
also tightened our cost discipline. Across the Group, we progressed various
initiatives to rebuild and streamline our back office operations with new
technology, systems and processes. In 2017-18, our reduced recruitment
activity, coupled with restructured ways of working gave us gains in
productivity, and a slowdown in manpower cost increases.”
Across its more than 80 subsidiaries, the Group’s total workforce declined by
2% to 103,363, representing over 160 different nationalities, as part of the
overall productivity improvement initiatives in Emirates and dnata.
Sheikh Ahmed concluded: “Looking ahead, Emirates and dnata remain focussed
on delivering safe, efficient and high quality services consistently to our
customers. Our ongoing investments in our people, technology, and
infrastructure will help us maintain our competitive edge, and ensure that we are
ready to meet the opportunities and stay on course for sustainable and profitable
growth.”
Emirates performance

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Fashion/Lifestyle

Those who wronged you may never say “I’m sorry” – Prudent Ludidi

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Those who wronged you may never say "I'm sorry" - Prudent Ludidi

Those who wronged you may never say “I’m sorry” – Prudent Ludidi

 

 

Ladies and gentlemen,

Today, I want to talk about something that can be difficult to accept, those who wronged you may never say “I’m sorry.”

 

Those who wronged you may never say "I'm sorry" - Prudent Ludidi

We’ve all been hurt by someone at some point in our lives. And often, we hold onto that hurt, and hope in waiting for the person who wronged us to acknowledge their mistake and apologize.

But the truth is, that apology may never come.

It’s hard to accept because we feel like we deserve closure. We deserve to hear that the person who hurt us regrets their actions.

But closure is not something someone else gives you. Closure is something you give yourself.

You have the power to choose:

Choose to heal, even if they never acknowledge their wrongdoing
Choose to move forward, even if they never make amends

Forgiveness doesn’t mean forgetting what happened. Forgiveness means releasing the hold that person has on you.

Forgiveness means taking back control of your life.

You don’t need someone else’s apology to move on. You don’t need someone else’s validation to heal.

You are strong enough to do it on your own.

And when you do, you’ll find peace. You’ll find freedom.

Remember, holding onto anger and resentment only hurts you. It doesn’t change the past.

But forgiveness can change your future.

So, don’t wait for someone else to say “I’m sorry.” Say it to yourself: “I’m sorry that happened to me, but I’m moving forward.”

Say it loud and clear: “I deserve to heal. I deserve to be happy.”

Take back your power. Take back your life.

Move forward with courage and faith.

You got this.

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Fashion/Lifestyle

LSACA, HEFAMAA,NAFDAC ,AVILA NATURALLE,OTHERS SET TO RECEIVE AWARDS AT THE WEST AFRICA SPA AND COSMETOLOGISTS RECOGNITION AWARD 2024

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LSACA, HEFAMAA,NAFDAC ,AVILA NATURALLE,OTHERS SET TO RECEIVE AWARDS AT THE WEST AFRICA SPA AND COSMETOLOGISTS RECOGNITION AWARD 2024

 

The west Africa Spa and cosmetologists recognition Award ,the first of its kind in Africa an event collaboration with Ghana Cosmetics Association holds at the prestigious Oriental Hotel lagos

An industry based award to honor legends ,stakeholders and cosmetologists in the beauty Industry ,Regulators and health Agencies

The organisers of the programme is poised with the development of this sector within the west Africa region using quality , safety and Professionalism as a watchword in the quest for products promotion and distribution.

The award will be used to promote individuals and brands in the Beauty Sector who have given their best in the development of beauty in west Africa.

As the drive for continental free trade Area hots up ,the founder of the programme Mr Chukwumah Emmanuel a Public Health Practitioner and the National President of Professional Association of Spa and Cosmetologists in Nigeria says that the perspective of this event is centered on encouragement and Networking within the sub region.

Other awardees for this event include Lagos Safety Commission, Beauty West Africa,and America Nigeria chambers of Commerce

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Fashion/Lifestyle

Why You Should Patronize JOK Beauty Hub

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Why You Should Patronize JOK Beauty Hub

Why You Should Patronize JOK Beauty Hub

One of the most reputable online store in Nigeria to shop for beauty products is JOK beauty hub. Known for prompt service delivery and quality products, it is the haven for dignitaries.
Why You Should Patronize JOK Beauty Hub
Some of their services include nighty pants, bra, boxers, singlets, strippers costumes, masks, pink lips, bikini, dildo, beach wears, card games, vibrators, body piercing, pedicure and manicure and lots more.
Owned by delectable CEO, Joy Omolara Kaosara, Patronize them and enjoy the worth of your money.

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