United Kingdom
United States
Asia Pacific
Emirates hails record annual profit
The Emirates Group just posted a new all-time record airline profit, as well as best ever revenue, and cash balance levels.
Both Emirates and dnata saw significant profit and revenue increases in 2023-24.
For the financial year with ended in March 2024, the Emirates Group posted a record airline profit of AED18.7 billion (US$ 5.1 billion), up 71% compared to last year.
Group revenue was AED137.3 billion (US$ 37.4 billion), an increase of 15% over last year.
Cash balance was AED47.1 billion (US$ 12.8 billion), which is the highest ever reported.
In the last two years Emirates Group has clawed back all its pandemic era losses.
In 2023-24, the Group collectively invested AED8.8 billion (US$ 2.4 billion) in new aircraft, facilities, equipment technology to support its growth plans.
The total workforce grew by 10% to 112,406 employees, as Emirates and dnata continued recruitment activity to support expanded operations.
Related News Stories: Dubai Airport says ‘stay away’ as epic rainstorm wreaks havoc London Stansted posts passenger traffic record Traveltek celebrates 25 years and a year of record growth – TravelMole Emirates adds more seat capacity on Australia flights – TravelMole Centara Mirage Beach Resort Dubai | Family-friendly hotel | Dubai … Gold Medal | Incredible Journeys – TravelMole Tourism Nova Scotia – TravelMole
Related News Stories: Chubb Limited Summary Annual Report 2023 As Aramco hails record IPO, Abu Dhabi's ADNOC whips up $19 ... Chubb Limited 2023 Annual Report Letter to Shareholders natural-catastrophe-and-climate-report-2023.pdf Emirates Islamic posts record $251m net profit in 2018 - Arabian ... 'Full recovery': Emirates Group unveils record USD 3 billion profit, ET ... 'Full recovery': Emirates Group unveils record $3 billion profit IATA's Walsh hails airline financial performance as a “major ... Mohammed Bin Rashid: Hails Emirates Group as Beacon of ... World Adds Record New Renewable Energy Capacity in 2020
Learn more about : Emirates ( Asia Pecific )
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations