Emirates Group logs record profits of $5.1 billion
6 months ago
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05/13/2024May 13, 2024
Dubai-based Emirates Group announced record annual profits for the second year in a row. Citing strong customer demand, the airline says it has now overcome heavy losses incurred during the COVID-19 pandemic.
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Dubai-based Emirates Group has announced record annual profits for the second year in a rowImage: Daniel Kubirski/picture alliance
Dubai-based airline Emirates announced record annual profits of $5.1 billion (€4.73 billion) on Monday, surpassing last year's $3 billion profit and erasing losses incurred during the pandemic.
Emirates Group's airline business alone returned $4.7 billion, up 63%, while its airport services company Dnata also saw profits more than quadruple to $400 million.
6 months ago
37
Dubai-based Emirates Group has announced record annual profits for the second year in a rowImage: Daniel Kubirski/picture alliance
