Emirates Group Mindblowing Financial Report

Emirates has reported its best-ever financial performance with a record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets.

Highlights include:

  • Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses.
  • Ends year with highest-ever cash balance of AED 47.1 billion (US$ 12.8 billion).
  • The Group declares a dividend of AED 4.0 billion (US$ 1.1 billion) to its owner the Investment Corporation of Dubai (ICD). 
  • Chairman credits record performance to Dubai’s progressive policies, says profits enable further investments in new read more ⇒

    Source:: AirlineRatings.Com

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