Emirates Groups Posts Record Profit of $5.1 Billion

The Emirates Group has posted a record profit of $5.10 billion for the FY23/24 year as passenger demand remained strong.

For the financial year ended 31 March 2024, the Emirates Group posted a record profit of AED 18.7 billion (US$ 5.1 billion), up 71% compared with an AED 10.9 billion (US$ 3.0 billion) profit for last year. The Group’s revenue was AED 137.3 billion (US$ 37.4 billion), an increase of 15% over last year’s results. The Group’s cash balance was AED 47.1 billion (US$ 12.8 billion), the highest ever reported, up 11% from last year.  

His Highness Sheikh Ahmed bin Saeed Al read more ⇒

Source:: AirlineRatings.Com

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