Top-tier Emirates Corporation Loses No Ground, Climbs as High As AED 22.7 Billion in Annual Profit, Sealing Position as Pinnacle of Worldwide Aviation in '24-'25.
The Emirates Group, an aviation conglomerate based in Dubai, announced its most lucrative financial performance to date, with a pre-tax profit of AED 22.7 billion (US$ 6.2 billion) for the fiscal year ending March 2025. This identification as the world's most profitable aviation group for the 2024-25 period followed the exceptional performance of Emirates airline, named the world's most profitable airline for the year.
The remarkable financial success was fueled by consistent demand for travel and logistics services, resulting in record-breaking figures across several key metrics. The Group's revenue reached AED 145.4 billion (US$ 39.6 billion), EBITDA rose to AED 42.2 billion (US$ 11.5 billion), and cash assets skyrocketed to AED 53.4 billion (US$ 14.6 billion).
Emirates airline accounted for the majority of this success, posting a landmark pre-tax profit of AED 21.2 billion (US$ 5.8 billion) and revenue of AED 127.9 billion (US$ 34.9 billion). Meanwhile, dnata, the Group's ground handling and services division, reported a record pre-tax profit of AED 1.6 billion (US$ 430 million).
In light of the UAE's new corporate tax regime, the Group's net profit still stood at a formidable AED 20.5 billion (US$ 5.6 billion). As a result, a dividend of AED 6.0 billion (US$ 1.6 billion) was allocated to the Investment Corporation of Dubai.
The exceptional performance was credited to long-term strategic planning, investment in human resources and technology, and Dubai's enabling business environment. The Group expanded its fleet, network, and customer offerings while bolstering the capabilities of dnata worldwide.
Looking forward, the Group remains optimistic about the future, with substantial investments planned in fleet expansion, cargo infrastructure, and the development of Al Maktoum International Airport. With a workforce of over 121,000 strong, the Emirates Group is primed to build upon its achievements in 2025-26.
Sources: Dubai Media Office
- The Emirates Group's financial success in the 2024-25 period, primarily driven by technological advancements and human resource investments, attracted substantial finance from the Investment Corporation of Dubai.
- Recognizing the potential of the aerospace industry, the Emirates Group aims to make significant investments in fleet expansion, cargo infrastructure, and the development of Al Maktoum International Airport.
- In the corporate tax regime of the UAE, the aerospace industry's influence extends beyond aviation, as the Emirates Group's substantial development in this sector contributes to the nation's industrial and economic growth.
