Emirates Group, the parent company of Emirates Airlines, has announced a staggering profit of $6.2 billion for the 2024-2025 financial year, cementing its status as the most profitable aviation group globally during the review period. According to its recently released annual report, this figure represents the highest profit, revenue, EBITDA, and cash balance in the company’s history.
In a statement made available to journalists in Nigeria, the airline revealed that Emirates contributed significantly to the group’s success, posting a pre-tax profit of $5.8 billion—an impressive 20 per cent increase from the previous year. The airline’s cash reserves also surged by 16 per cent to $13.5 billion, further highlighting its robust financial health.
The group’s total revenue rose to $39.6 billion, marking an 18 per cent increase, while its cash assets grew by 13 per cent to $14.6 billion. Both Emirates Airlines and its airport services subsidiary, Dnata, achieved record revenues as the group expanded its global footprint to meet surging demand.
In line with its strong performance, Emirates Group declared a dividend of $1.6 billion to its owner, the Investment Corporation of Dubai. After accounting for the UAE’s new 9 per cent corporate tax, implemented in 2023, the group’s net profit stood at $5.6 billion.
Commenting on the results, Chairman and Chief Executive of Emirates Airline and Group, Sheikh Ahmed bin Saeed Al Maktoum, credited the achievement to Dubai’s strategic vision and the group’s unwavering commitment to quality, innovation, and resilience.
“Dubai’s aviation sector continues to be a global powerhouse, driven by visionary leadership and meticulous execution. This year’s results reflect our investments in people, technology, and infrastructure, all aimed at enhancing customer experience and operational excellence,” Sheikh Ahmed stated.
Looking ahead to the 2025-2026 financial year, Sheikh Ahmed expressed optimism, citing plans to expand Emirates’ fleet with the delivery of 16 Airbus A350s and four Boeing 777 freighters. These additions are expected to strengthen the airline’s global network and service offerings.
Dnata is also set to enhance its operations with the opening of new cargo facilities in Amsterdam, Dubai, and Erbil. Additionally, construction is underway at the new Al Maktoum International Airport (DWC) and surrounding developments in Dubai South, which Sheikh Ahmed described as pivotal to shaping the future of aviation in the region.
Despite ongoing global economic uncertainties, Sheikh Ahmed affirmed the group’s readiness to adapt and thrive. “The Emirates Group is well-positioned to navigate challenges and deliver even greater value in the years ahead,” he concluded.
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