dnata posted strong revenue growth in the first six months of 2022-23 with increased air and passenger traffic across global markets. dnata’s cargo and ground handling, catering and retail, and travel services also saw a significant uptick in operations. dnata recorded revenue growth of $2.0bn, almost double in the first six months of 2021. The overall profit recorded by dnata is $64 million compared to $23 million.
dnata’s airport operations remained the largest contributor to revenue with $944 million, a 37% increase as compared to the same period last year, as customer demand continued to pick up, particularly in its UAE, US, Italy, and UK businesses.
Across its operations, the number of aircraft turns handled by dnata increased by 56% to 347,581, and it handled 1.4 million tonnes of cargo, slightly down by 2% reflecting its airline customers’ increased focus on passenger operations.
dnata's travel division contributed $ 323 million to revenue, up 708% compared to $ 40 million for the same period last year, driven largely by the strong recovery of travel demand and bookings in its Middle East and UK businesses.
In the first half of 2022-23, dnata grew its footprint with new long-term concession contracts to provide services in Zanzibar (dnata airport operations), and Ras Al Khaimah (Alpha Catering). Its Airport Operations division entered the German market with the acquisition of Wisskirchen Handling Services, the exclusive operator at Cologne Bonn Cargo Centre; and acquired the remaining 30% stake to assume full ownership of its ground handling business in Brazil.