Growth in Dnata Travel’s underlying sales allowed it to contribute $456 million revenue to parent company Emirates, up 9% on the same period last year.
However, although overall Dnata Travel profit increased 31% to $235 million during H1, this was due to gains from divestment of its 22% stake in the Hogg Robinson Group, which was acquired by American Express Global Business Travel in July.
Profits would otherwise have been down 18% on last year without the transaction the business said in a trading update issued on Wednesday morning (December 5).
