Lost a bit of revenue, but no infrastructural damage due to storm, says Dnata chief

UAE

The unprecedented rainfall in the UAE last month had a minor impact on Dnata's financials, with a slight revenue loss. Although operations were affected at Dubai International (DXB) airport, no infrastructure damage was reported, according to Steve Allen, CEO of Dnata Group. The heavy rains disrupted flight schedules and baggage handling, leading to over 2,000 flight cancellations. However, the aviation community swiftly recovered from the extreme weather conditions. Despite the revenue loss from fewer flights, all equipment remained intact, and operations resumed quickly. Dnata, a subsidiary of Emirates Group, reported record profits, with a 330% increase in profit to Dh1.4 billion in 2023-24. The total revenue also reached a new high of Dh19.2 billion, driven by increased flight and travel activity globally. The international businesses of dnata contributed significantly to its revenue, comprising 75% of the total. Overall, while the rains posed challenges, Dnata's resilience and robust infrastructure ensured minimal financial impact.