Emirates full of profits (5.2 billion): « Because we are the most profitable company in the world »
The group based in Dubai presented the balance of his last twelve months (1 April 2024-31 March 2025): 34.9 billion dollars of revenues and 53.7 million passengers transported
Emirates, one of the largest intercontinental aviolinees, has announced that it has recorded record annual profits, equal to 5.2 billion dollars, thanks to a continuous one Increased long -haul flights – the most profitable -, to the most full holds with goods to be transported and for an oil price that has been among the lowest for some time. Number that, supports the company in a note, make Emirates the « most profitable airline in the world » in the period 1 April 2024-31 March 2025 (the twelve months used for its budgets), thus beating giants such as Delta Air Lines and United Airlines.
Passengers and the group
The Vector of Dubai in the twelve months has transported 53.7 million passengers through his hub, increasing compared to the 51.9 million of the previous tax year. If the entire perimeter of the Emirates group is calculated – which also controls a cargo, catering and land services division – the annual profits were 5.6 billion dollars, half a billion more than 2023-2024. « Our excellent financial situation allows us to continue developing and enhancing our successful business models, » comments the sheikh Ahmed Bin Saeed al Maktoum, president and CEO of Emirates.
The fleet
The company recorded revenues for 34.9 billion dollars (compared to the 33 billion of the previous year) which rise to 39.6 billion if we consider the entire group (the Dnata division has closed with 5 billion in turnover). The carrier has a fleet of 260 planes – In the majority Airbus A380 and Boeing 777 – and has introduced the Airbus A350 for a few weeks while waiting for the arrival of the Boeing 777x, late on the roadmap. In parallel, the program of modernization of the interiors of the fleet.
The weight of Emirates in Dubai
Emirates has made his way over the years transforming himself into a reference carrier on intercontinental flights thanks to a mix of quality product and geographical location of his hub, Dubai, which allows fast and potentially transits to reach with a single stop every inhabited corner of the world. The weight of the group has become so relevant in the years that today its turnover represents about 15% of the total gross domestic product of Dubai. In the financial documents we also read that Emirates has reimbursed 3.6 billion dollars (on 4 overall) obtained by the government to survive Covid.
