VP greets Emirates Group as it achieves record Dhs22.7b profit

Emirates Group has achieved record levels in net profit, revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA), and cash balances for the financial year 2024-2025.

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At the end of the financial year on 31st March 2025, Emirates Group recorded a record profit before tax of Dhs22.7 billion ($6.2 billion), an 18 per cent increase compared to the previous financial year, and record revenue of Dhs145.4 billion ($39.6 billion), an increase of 6 per cent compared to the previous financial year.

The Group reported a record cash balance of Dhs53.4 billion ($14.6 billion), up 13 per cent from the previous year, and achieved the highest-ever EBITDA of Dhs42.2 billion ($11.5 billion), a 6 per cent increase over the previous financial year, reflecting strong operating performance. The Group announced a dividend of Dhs6.0 billion ($1.6 billion) to its owners, the Investment Corporation of Dubai.

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, took to his X platform to congratulate the group.

"We congratulate the 121,000 members of the Emirates Group team, led by Sheikh Ahmed Bin Saeed and Sir Tim Clark. The Emirates Group soars as always, becoming the world's most profitable airline group with annual profits exceeding Dhs22 billion and revenues of Dhs 145 billion," Sheikh Mohammed wrote on X.

"Emirates is not just a transport company; it is a tool for economic transformation for the UAE, a strategic bridge connecting the world's continents, and a developmental carrier flying us through the skies toward the future," Sheikh Mohammed said further.