Emirates Group reports record AED 22.7 billion profit, becomes world’s most profitable aviation group in 2024-25

The Emirates Group has posted its best-ever financial results for the fiscal year ending 31 March 2025, achieving a record profit before tax of AED 22.7 billion (US$ 6.2 billion), making it the world’s most profitable aviation group. Emirates airline alone recorded a profit of AED 21.2 billion (US$ 5.8 billion), becoming the most profitable airline globally.

Key financial highlights include:

• Group revenue rose 6% to AED 145.4 billion (US$ 39.6 billion)
• Group EBITDA reached AED 42.2 billion (US$ 11.5 billion), up 6%
• Cash assets climbed 13% to AED 53.4 billion (US$ 14.6 billion)
• Dividend of AED 6.0 billion (US$ 1.6 billion) declared to shareholder, the Investment Corporation of Dubai
• First UAE corporate tax applied; profit after tax stands at AED 20.5 billion (US$ 5.6 billion)

Operational and Strategic Highlights:

• Emirates carried 53.7 million passengers (+3%) with a Passenger Seat Factor of 78.9%
• Opened new routes (Bogotá, Madagascar) and relaunched several others
• Added first Airbus A350s; fleet reached 260 aircraft, average age 10.7 years
• Invested AED 14 billion (US$ 3.8 billion) across fleet, facilities, and tech
• Retrofit programme expanded to 219 aircraft at a total investment of US$ 5.0 billion
• Emirates SkyCargo carried 2.3 million tonnes of goods (+7%) and generated AED 16.1 billion in revenue
• Emirates fully repaid a US$ 750 million bond and achieved record operating cash flow of AED 40.8 billion

dnata Performance:

• dnata reported a record profit of AED 1.6 billion (US$ 430 million) and revenue of AED 21.1 billion (US$ 5.8 billion)
• Ground and cargo handling grew to 794,091 aircraft turns and 3.1 million tonnes handled (+9%)
• Investments included new facilities in Dubai, Australia, and Europe
• dnata’s travel and catering services both reported double-digit revenue growth

Chairman Sheikh Ahmed bin Saeed Al Maktoum credited the success to sustained investments, strong global demand, Dubai’s strategic vision, and the Group’s customer and employee focus.

Looking ahead, Emirates expects to receive 20 new aircraft in 2025-26 and expand capacity and infrastructure, while dnata will open major facilities in Amsterdam, Dubai, and Erbil.