{"id":251245,"date":"2025-05-14T05:15:00","date_gmt":"2025-05-13T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=251245"},"modified":"2025-05-14T06:13:31","modified_gmt":"2025-05-13T23:13:31","slug":"emirates-group-achieves-record-profit","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2025\/05\/emirates-group-achieves-record-profit\/","title":{"rendered":"Emirates Group achieves record profit"},"content":{"rendered":"\n

DUBAI, UAE, 8 May 2025: The Emirates Group has released its 2024-25 Annual Report<\/a>, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world\u2019s most profitable airline.<\/p>\n\n\n\n

Both Emirates and dnata contributed record revenues in 2024-25, as the Group expanded its operations worldwide to meet voracious customer demand for its high-quality products and services.<\/p>\n\n\n\n

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For the financial year ended 31 March 2025, the Emirates Group reported:<\/em><\/strong><\/p>\n\n\n\n

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  • Record<\/strong> profit<\/strong> before tax of AED 22.7 billion (US$ 6.2 billion), up 18% from last year;<\/li>\n\n\n\n
  • record revenue<\/strong> of AED 145.4 billion (US$ 39.6 billion), up 6% over last year\u2019s results;<\/li>\n\n\n\n
  • record<\/strong> level of cash assets<\/strong> at AED 53.4 billion (US$ 14.6 billion), up 13% from last year;<\/li>\n\n\n\n
  • highest-ever EBITDA <\/strong>of AED 42.2 billion (US$ 11.5 billion), up 6%, demonstrating its strong operating profitability.<\/li>\n<\/ul>\n\n\n\n

    Emirates earns its place as the world\u2019s most profitable airline, reporting:<\/strong><\/em><\/p>\n\n\n\n

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    • Record profit<\/strong> before tax of AED 21.2 billion (US$ 5.8 billion), up 20% from last year;<\/li>\n\n\n\n
    • record revenue<\/strong> of AED 127.9 billion (US$ 34.9 billion), an increase of 6% over last year;<\/li>\n\n\n\n
    • highest-ever level of<\/strong> cash assets<\/strong> at AED 49.7 billion (US$ 13.5 billion), 16% higher compared to 31 March 2024.  <\/li>\n<\/ul>\n\n\n\n

      dnata delivered solid growth and performance across its business units, reporting:<\/strong><\/em><\/p>\n\n\n\n

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      • Record profit<\/strong> before tax of AED 1.6 billion (US$ 430 million), up 2% from last year;<\/li>\n\n\n\n
      • record revenue<\/strong> of AED 21.1 billion (US$ 5.8 billion), up 10%;<\/li>\n\n\n\n
      • strong cash assets<\/strong> of AED 3.7 billion (US$ 1.0 billion).<\/li>\n<\/ul>\n\n\n\n

        The Group declares a dividend of AED 6.0 billion (US$ 1.6 billion) to its owner, the Investment Corporation of Dubai (ICD). <\/p>\n\n\n\n

        This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group. After accounting for the 9% tax charge, the Group\u2019s profit after tax<\/strong>es AED 20.5 billion (US$ 5.6 billion)<\/p>\n\n\n\n

        In 2024-25, the Group collectively invested<\/strong> AED 14.0 billion (US$ 3.8 billion) in new aircraft, facilities, equipment, companies, and the latest technologies to support its growth plans.<\/p>\n\n\n\n

        Emirates performance<\/strong><\/p>\n\n\n\n

        Emirates\u2019 total passenger and cargo<\/strong> capacity<\/strong> grew 4% to 60.0 billion ATKMs in 2024-25, recovering to near pre-pandemic levels.<\/p>\n\n\n\n

        During the year, Emirates launched two new destinations – Bogot\u00e1 and Madagascar; restarted flights to Phnom Penh, Lagos, Adelaide and Edinburgh; and strengthened services to 21 other destinations to meet rising demand. By 31 March, Emirates served 148 cities in 80 countries and territories. Emirates also grew its partnerships to 33 codeshare and 118 interline partners, providing customers smooth access to over 1,750 cities beyond its network.  <\/p>\n\n\n\n

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