Emirates Group, based in Dubai, reported its best-ever financial results for the fiscal year 2023–2024, setting new benchmarks for profit, revenue, and cash balance.
The company announced a Dh18.7 billion total profit, a remarkable 71% increase over last year’s Dh10.9 billion profit.
In 2023–2024, Emirates and Dnata both experienced notable gains in profit and revenue as the Group extended its global operations to satisfy robust customer demand for its superior goods and services.Both Emirates and dnata have forged successful business models leveraging Dubai’s unique advantages, in turn generating enormous value for Dubai and the communities they serve around the world.”
With combined group profits of Dh29.6 billion over the past two years, they have surpassed pandemic losses of Dh25.9 billion in 2020–2022.
“The Emirates Group saw high demand for air transport and travel related services around the world, and because we were able to move quickly to deliver what customers want, we achieved tremendous results,” said Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates airline and Group. We are enjoying the results of years of constant investment in our services and goods, solid partnerships, and the skills of our skilled workforce.