Emirates Reports Record Profits
The Emirates Group has announced a remarkable financial performance, achieving a pre-tax profit of AED 12.2 billion (approximately US$ 3.3 billion) for the first half of 2025-26, marking its fourth consecutive year of record profits during this reporting period. The profit after tax stood at AED 10.6 billion (around US$ 2.9 billion), a 13% increase compared to the previous year.
Key highlights include:
- Revenue Growth: Total revenue reached AED 75.4 billion (US$ 20.6 billion), reflecting a 4% increase from AED 70.8 billion (US$ 19.3 billion) reported the previous year.
- Cash Reserves: The Group’s cash position climbed to AED 56.0 billion (US$ 15.2 billion) by September 30, up from AED 53.4 billion (US$ 14.6 billion) in March.
- Employee Growth: The workforce expanded by 3% to 124,927 employees, with ongoing recruitment efforts to support future needs.
Sheikh Ahmed bin Saeed Al Maktoum stated, “This performance was primarily driven by the unflagging demand and growing customer preference for our products and services, which drove revenue growth and profitability.” He also emphasized the Group’s commitment to advancing its operational capabilities and investing in future growth.
New Developments: Emirates launched new destinations and strengthened its fleet with additional aircraft, contributing to the ongoing success amidst global challenges. The airline also continues to enhance its network connectivity through innovative services and sustainability initiatives.
