Money and business

"Emirates Group" Records of standard profits of 22.7 billion dirhams

Dubai, May 8 / WAM / The Emirates Group has recorded new standard levels in net profits and revenues, profits before calculating benefits, taxes, consumption and extinguishing debt, and cash balances during the fiscal year 2024-2025.
This exceptional performance reflects the position of the Emirates Group as the most profitable aviation groups in the world during the report period 2024-2025, while the best financial results in its history have achieved the most profitable air carrier in the world.
Emirates and Danata recorded record revenues during the year 2024-2025, in light of the group continuing to expand its operations around the world to meet the strong and growing demand of customers for its high-quality products and services.
By the end of the fiscal year on March 31, 2025, the Emirates Group recorded record profits before the taxes of 22.7 billion dirhams “6.2 billion dollars” with a growth of 18% compared to the previous fiscal year, and record revenues amounting to 145.4 billion dirhams “39.6 billion dollars”, with a growth of 6% compared to the results of the previous fiscal year.
The group recorded the highest level ever in the cash balances of 53.4 billion dirhams “14.6 billion dollars”, with a growth of 13% for the previous fiscal year, and the highest level of operational profits before calculating interest, taxes, consumption and extinguishing debt in the history of the group, amounting to 42.2 billion dirhams “11.5 billion dollars” with a growth of 6% from the previous fiscal year, which reflects the durability of operating performance.
The group announced the distribution of 6 billion dirhams “1.6 billion dollars”, the owners’ share of the Dubai Investment Corporation.
This fiscal year is the first in which the income tax is applied to companies in the United Arab Emirates, which was approved in the year 2023, to the Emirates Group.
After calculating the value of the tax of 9%, the group’s net profits after the tax amounted to 20.5 billion dirhams “5.6 billion dollars”.
Emirates Airlines has established its position as the most profitable air carrier in the world, after it recorded record profits before the taxes of 21.2 billion dirhams “5.8 billion dollars”, with a growth of 20% compared to the previous fiscal year.
The carrier also achieved record revenues of 127.9 billion dirhams “34.9 billion dollars”, with a growth of 6% compared to the results of the previous fiscal year.
It reached the highest level ever in the cash balances of 49.7 billion dirhams “13.5 billion dollars”, with a growth of 16% compared to the results of the previous fiscal year.
Denata achieved record profits before the taxes of 1.6 billion dirhams “430 million dollars”, with a growth of 2% compared to the past fiscal year.
Danata’s revenues reached record levels of 21.1 billion dirhams “5.8 billion dollars”, with a growth of 10% compared to the previous fiscal year.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Supreme President of the CEO of the Emirates Airlines and the group said: The Emirates Group is proud to continue to perform its vital role in supporting Dubai’s vision and enhancing its position as a global center for trade and travel, guiding the ambitious vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the and Ruler of Dubai, may God bless him, and with the support and continuous follow -up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance.
His Highness added that the emergence of successful global airlines entities from Dubai, such as Emirates and Dnata, was not a coincidence, but rather a long -term forward -looking vision, systematic planning, and integrated institutional support, so that the aviation sector in Dubai today is a force affecting the international scene, thanks to the insightful vision of our rational leadership, and the integration of efforts between the institutions of the emirate and its partners at the local and international levels.
His Highness explained that when the Dubai government “Emirates Airlines” established forty years ago, and began developing Danata’s capabilities to support growth plans in the city, our message was clear to be the best in what we do, and to add real value to Dubai, our shareholders, and the societies that we serve.
His Highness said that from this standpoint, we committed to establishing a business model based on operational excellence, continuous investment in human technology and competencies, and providing products and services that add real value to customers and markets that we serve, and these pillars have been formed, in addition to the supportive environment provided by Dubai, a solid basis for the Emirates Group that enabled it to consolidate its competitiveness and enhance its flexibility in facing various challenges Geopolitical and economic over the past decades, we are not drifting behind immediate gains at the expense of our business sustainability, but rather we continue to build at a calculated pace to ensure a long -term impact that reflects our responsibility towards our employees, our partners, and the societies in which we work.
He added that the strong performance achieved by the group this year represents a reflection of our commitment to a clear path, which is based on the efficiency of the work teams in the group, which formed a basis for another exceptional public achievement of standard results, the trust of our customers and partners, and our continuous investment in a sustainable and renewed business model, and we will continue to build on these gains to support the strategic goals of Dubai and the UAE.
His Highness stressed that the Emirates Group recorded during the fiscal year 2024-2025 record results again, at the level of profits, revenues, and cash balances, which reflects the efficiency of the group’s operating model and its flexibility in responding to the market transformations, and Emirates and Banata managed to meet the increasing demand for air transport services in various markets, supported by continuous investments in human competencies, enhancing the partnership system, And developing products and services that keep pace with customer aspirations and entrenched our pioneering position in the sector.
On the aspirations for the fiscal year 2025-2026, His Highness Sheikh Ahmed bin Saeed Al Maktoum said: “We start the new fiscal year with optimism and confidence, based on a strong financial center that allows us to continue building on our successful business models and expanding their scope, and while some markets witness fluctuations resulting from challenges in trade and travel restrictions, we are working in the sector used to deal with various dynamics, and perhaps what distinguishes us is our ability To adapt and move forward amid challenges.
His Highness added that Emirates Airlines will enhance its operational capabilities next year with the joining of 16 new Airbus A350 and 4 Boeing 777 charging aircraft to its fleet, providing an additional capacity required to keep pace with the growing demand from customers, and the fleet updating program will continue with an accelerated pace, to ensure the presentation of the latest Emirates Airlines products and its closed experience on the Airbus A380, A350 and Boeing aircraft 777.
He stressed the continuation of Danata with a steady pace on the path of growth, with her investments entering into the infrastructure in power in strategic markets, which include the opening of new facilities in each of Amsterdam, Dubai and Erbil during the next year, which contributes to raising our capabilities in handling and enhancing our operational competence, and in parallel, work began work in the Al Maktoum International Airport project and the area surrounding it in “Dubai South”, where teams cooperate Planning in the group with Dubai airports and the competent authorities to develop a comprehensive perception that embodies the features of the future of aviation, and establishes Dubai’s position as a global center for innovation in travel experiences.
His Highness said: “We have drew for ourselves as ambitious goals for the next stage, and we are confident that what we have of high human competencies, in addition to the exceptional ingredients that Dubai provides as an integrated economic and operational system, which would enhance the ability of the Emirates Group to continue the march of growth, and provide a sustainable added value to the cities and societies that we serve along our global network.”
During the fiscal year 2024-2025, the Emirates Group invested 14 billion dirhams “3.8 billion dollars” in new planes, facilities, equipment and companies, and harnessing the latest technologies to support the group’s future growth plans.
The total number of workers in the group increased by 9% to 121223 employees, which is its largest size ever.
The total operational capacity of the UAE aircraft of passengers and shipping grew by 4% to 60 billion tons, available by the end of the fiscal year 2024-2025, to approach before the levels of the pandemic.
By March 31, 2025, the carrier was running its flights to 148 cities in 80 countries and region.
In light of the continuous delay in delivering new aircraft, Emirates Airlines added 99 aircraft to the fleet update program, bringing the total number of planes covered in the program to 219 aircraft, as part of a comprehensive update plan with an investment of $ 5 billion.
By the end of the fiscal year, the number of aircraft that is still under delivery within the orders record reached 314 aircraft, including 61 A350 aircraft, 205 Boeing X777, 35 Dreamliner 787 aircraft and 13 F777 cargo aircraft.
By the end of March 2025, the total number of aircraft in the Emirates Airlines fleet reached 260, with an average age of 10.7 years.
Emirates Airlines recorded the highest operating cash flows in its history of 40.8 billion dirhams “11.1 billion dollars” during the fiscal year.
The total operational costs increased by 4% compared to the past fiscal year, and fuel and employees cost the largest component of the total cost for the year 2024-2025, followed by the cost of ownership “consumption and firefighting”, and fuel constituted 31% of the total operational costs, compared to 34% in the fiscal year 2023-2024.
The fuel bill slightly decreased to 32.6 billion dirhams “8.9 billion dollars”, compared to 34.2 billion dirhams “9.3 billion dollars” in the past fiscal year.

This decline is due to the decrease in the average fuel prices by 10%, in addition to the gains resulting from the hedge operations, which contributed to compensating the impact of the high quantities of consumer fuel by 5% as a result of the increase in the number of flights.
Emirates Airlines transported 53.7 million passengers in the past year, with a growth rate of 3%, with an increase in the seat capacity by 4%.
During the past fiscal year, Emirates Air Shipping quoted 2.3 million tons of goods around the world, with a growth of 7% compared to the previous fiscal year.
The Emirates Air Shipping recorded strong revenues of 16.1 billion dirhams “4.4 billion dollars” to contribute 13% of the total revenue of Emirates Airlines.
The UAE has achieved record revenues of 1.1 billion dirhams “293 million dollars” from its external customers, with a growth of 11% for the past fiscal year, and the company provided 15.4 million meals to 114 carriers of its customers in Dubai.
The revenues of the Emirates Entertainment and Retail Company increased by 6% to 3.1 billion dirhams “847 million dollars” driven by strong demand from customers through its various portfolios of products.
Emirates Airlines continued to fulfill all its contractual obligations during the past finance, including pre -delivering payments and financing installments due, using the cash reserve, which amounted to 49.7 billion dirhams until March 31.
Emirates also paid the full value of its “$ 750 million” bonds, which it issued in 2013 for 12 years.

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