Emirates Group reports 3pc rise in annual profits to end March despite war disruption

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  • Emirates Group profits rose 3 pc to $5.7 billion.
  • Pre-tax profits reached $6.6 billion with cash assets at $16.2 billion.
  • Passenger numbers totalled 53.2 million for the year.
  • The airline operated 58 pc of passenger capacity by end of March.
  • A $1 billion dividend was paid to the Investment Corporation of Dubai.

Emirates Group has reported a 3pc rise in annual profits to $5.7 billion to end March. The group achieved record pre-tax profits of $6.6 billion and cash assets of $16.2 billion despite operational challenges in the Middle East. Passenger numbers fell 1 pc to 53.2 million over the financial year.

The airline operated at reduced capacity after military activity affected the Gulf region from 28 February. Flights resumed on 2 March using safe corridors and reached 58 pc of passenger capacity to 122 destinations by month end. Cargo operations increased to move essential goods.

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Emirates paid a $1 billion dividend to its owner. The group maintained fuel hedging until 2028-2029 and worked with suppliers on volume security. Dubai Airports recorded lower passenger traffic in March.

Sheikh Ahmed bin Saeed Al Maktoum shared “For the first 11 months of 2025-26, the picture across the group was very positive.”

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