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The division produced revenues of AED6.7bn in 2007–8. Emirates SkyCargo generated 19 per cent of The Emirates Group's total revenues, which increased 9.9 per cent to AED44.2bn despite an 82 per cent fall in its net profits, to AED982m. [16] The Emirates SkyCargo service alone employed over 1,000 people as of 2009. [17]
Emirates Airline has diversified into related industries and sectors, including airport services, event organization, engineering, catering, and tour operator operations. Emirates has four subsidiaries, and its parent company has more than 50. [1] [2]
However, due to geographical distribution of service areas, the companies do not compete for customers and thus effectively operate as monopolies. [2] Earlier du provided triple play services to free zone areas under the name Emirates Integrated Telecommunications Company (EITC), which is still its legal name.