The Emirates Group achieved a record pre-tax profit of AED 22.7 billion (US$ 6.2 billion) in the 2024-25 financial year. The Group also announced record EBITDA, revenue, and cash assets in the same period. With this performance, the Emirates Group became the most profitable aviation group and Emirates the most profitable airline in the 2024-25 reporting period.

In the financial year ending March 31, 2025, the Emirates Group's revenue increased by 6% to AED 145.4 billion (US$ 39.6 billion), cash assets increased by 13% to AED 53.4 billion (US$ 14.6 billion), and EBITDA increased by 6% to AED 42.2 billion (US$ 11.5 billion).

Emirates airline's pre-tax profit increased by 20% to AED 21.2 billion (US$ 5.8 billion), revenue increased by 6% to AED 127.9 billion (US$ 34.9 billion), and cash assets increased by 16% to AED 49.7 billion (US$ 13.5 billion).

dnata's pre-tax profit increased by 2% to AED 1.6 billion (US$ 430 million), revenue increased by 10% to AED 21.1 billion (US$ 5.8 billion), and cash assets were announced as AED 3.7 billion (US$ 1.0 billion).

The group will distribute a dividend of AED 6 billion (US$ 1.6 billion) to its owner, the Investment Corporation of Dubai (ICD). After a 9% corporate tax, the Group's net profit was AED 20.5 billion (US$ 5.6 billion).

Sheikh Ahmed bin Saeed Al Maktoum: "It is no coincidence that Dubai has produced highly successful global aviation organizations such as Emirates and dnata. Thanks to visionary leaders, strategic planning, coordinated management, and strong support from our customers, business partners, and the entire people of Dubai, Dubai's aviation sector has become a powerful force on the global stage."

Sheikh Ahmed bin Saeed Al Maktoum: "When the government established Emirates 40 years ago, and we began developing dnata's capabilities to support the city's growth, we had a clear mission: to be the best at what we do and to deliver value to Dubai, our stakeholders, and the communities we serve."

Sheikh Ahmed bin Saeed Al Maktoum: "With this in mind, we have focused on delivering excellent products and services, and we are constantly investing in technology and talent to increase our competitiveness. We treat our employees and customers in the best possible way and work hard to make a positive impact on our communities. We don't take shortcuts and we don't resort to shortcuts that would risk our future for short-term gains. By building our business models around these principles and Dubai's unique strengths, the Emirates Group has succeeded and remained resilient in the face of geopolitical and socio-economic challenges over the years."

Sheikh Ahmed bin Saeed Al Maktoum: "In 2024-25, the Emirates Group raised the bar by setting new records in terms of profitability, revenue, and cash assets. Throughout the year, Emirates and dnata were able to move quickly to meet strong demand for air transportation and win the hearts of customers. We achieved this success thanks to our continuous investments in our employees, the strong partnerships we have established, and the superior products and services we offer."

Sheikh Ahmed bin Saeed Al Maktoum: "I would like to extend my heartfelt thanks to the amazing team at Emirates Group, who made it possible for us to have another record-breaking year, as well as to our customers and business partners who trust and support us. I would also like to express my gratitude to Dubai's visionary leaders, Sheikh Mohammed bin Rashid Al Maktoum, and his sons, Sheikh Hamdan and Sheikh Maktoum, who provide continuous leadership and guidance in shaping the Dubai strategy, in which the Emirates Group is proud to play a key role."

In 2024-25, the Group invested AED 14 billion (US$ 3.8 billion) to support its growth plans. The total number of employees increased by 9% to 121,223.

Sheikh Ahmed bin Saeed Al Maktoum: "We are entering the coming year with excitement and optimism. Our excellent financial situation allows us to further improve and scale our successful business models. Although there are concerns about trade and travel restrictions in some markets, fluctuations are not a new phenomenon in our industry. We adapt and overcome such challenges."

Sheikh Ahmed bin Saeed Al Maktoum: "With 16 A350s and 4 Boeing 777 cargo aircraft expected to be delivered in 2025-26, Emirates will further strengthen its network connections and provide the capacity needed to meet passenger demand. Our retrofit program, which we are carrying out to provide a more consistent experience and the latest Emirates products on our A380, 777, and A350 fleets, will also continue unabated."

Sheikh Ahmed bin Saeed Al Maktoum: "dnata is on a steady growth path with facility investments that are starting to bear fruit in key markets, including the opening of new facilities that will significantly increase our cargo handling capacity and capability in Amsterdam, Dubai, and Erbil next year."

Sheikh Ahmed bin Saeed Al Maktoum:

Work is already underway for the new Al Maktoum International Airport (DWC) and the broader development around Dubai South. Our planning teams are working closely with Dubai's airports and other relevant institutions to shape the future of aviation and deliver the best travel experiences.

Sheikh Ahmed bin Saeed Al Maktoum: "We have set ourselves high goals, but I sincerely believe that our talented workforce and Dubai's formula for success will carry the Emirates Group to a brighter future and enable us to provide more value to the people, cities and communities we serve."

Emirates' passenger and cargo capacity increased by 4% to 60 billion ATKMs. New flights were launched to Bogota and Madagascar during the year, some routes were reopened, and capacities were increased. Emirates serves 148 cities in 80 countries and territories, with access to more than 1,750 cities through its partnership network. The first A350 joined the fleet, and the fleet age was recorded as 10.7 years.

Emirates SkyCargo carried 2.3 million tonnes of goods, an increase of 7%, and generated revenue of AED 16.1 billion. Copenhagen was added to cargo operations, and cooperation was established in Africa. The e-commerce delivery solution was launched in Saudi Arabia, and the digital pricing platform was put into operation. Emirates SkyCargo has ordered 10 more Boeing 777Fs and aims for a cargo fleet of 21 aircraft by the end of 2026.

Emirates Flight Catering (EKFC) increased its revenue from external customers by 11% to AED 1.1 billion and served 15.4 million meals. MMI/Emirates Leisure Retail (ELR) increased its revenue by 6% to AED 3.1 billion.

Emirates fully repaid the USD 750 million bond it issued in 2013. The risk management program saved AED 1.1 billion.

dnata's airport operations revenue reached AED 9.9 billion. 794,091 aircraft loading and unloading operations were carried out worldwide, and 3.1 million tons of cargo were transported. Operations commenced at Rome Fiumicino Airport, and licenses in Zurich and Brussels were renewed. Investments were made for new cargo facilities in Dubai and Zurich.

dnata's catering and retail services revenue was AED 7.1 billion, and 114 million meals were served. Travel services revenue increased by 11% to AED 3.9 billion.

As part of its sustainability efforts, the Group continues to invest in SAF usage, emission reduction projects and recycling initiatives. Programs for employee development and well-being have been expanded.

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