The Emirates Group has released its 2024–25 Annual Report, posting its strongest financial results to date. The Group recorded:
- Profit before tax of AED 22.7 billion (US$6.2 billion), up 18% year-on-year
- Revenue of AED 145.4 billion (US$39.6 billion), a 6% increase
- EBITDA of AED 42.2 billion (US$11.5 billion)
- Cash assets of AED 53.4 billion (US$14.6 billion), up 13%
Emirates Airline delivered a record profit before tax of AED 21.2 billion (US$5.8 billion), with revenue rising to AED 127.9 billion (US$34.9 billion). Its cash reserves grew to AED 49.7 billion (US$13.5 billion), a 16% increase from the previous year.
The Group declared a dividend of AED 6.0 billion (US$1.6 billion) to its owner, the Investment Corporation of Dubai. After accounting for the UAE’s 9% corporate tax introduced in 2023, profit after tax stood at AED 20.5 billion (US$5.6 billion). During the financial year, the Group invested AED 14.0 billion (US$3.8 billion) in new aircraft, facilities, technologies, and business assets, while increasing its global workforce by 9% to 121,223 — the highest in its history.
Looking ahead to 2025–26, Emirates is set to enhance capacity with the delivery of 16 A350s and four Boeing 777 freighters. Its fleet retrofit programme will continue, while dnata will expand with new facilities in Amsterdam, Dubai, and Erbil.
Planning is underway for the next phase of aviation infrastructure development at Al Maktoum International Airport (DWC) and Dubai South, as part of the Group’s broader strategy to future-proof operations and support global travel demand.