Emirates, the world’s largest international airline, has won the Aviation 100 ‘Middle East & Africa Airline of the Year’, awarded by Airline Economics magazine.
The Aviation 100 awards recognize aviation’s most outstanding performers in the last 12 months. The awards were held during the Airline Economics Growth Frontiers Dubai 2018 conference gala dinner.
Emirates and its financing partners also won ‘Deal of the Year for Innovation’, which resulted from a leasing transaction of five Airbus A380s.
Winners of the Aviation 100 awards are decided by an industry-wide survey, a rigorous vetting process and editorial consideration. The Emirates Aviation 100 ‘Airline of the Year’ accolade was won based on the airline’s financial and revenue per passenger kilometers (RPK) performance, aircraft orders, as well as network and fleet expansion activity.
In the 2017-18 financial year, Emirates increased its revenue to US$25.2 billion, and posting a profit of US$762 million. The airline carried more than 58 million passengers and 2.6 million tonnes of cargo. In 2017, Emirates also clocked in 289 million scheduled passenger kilometres flown (RPKMs).