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Long-haul carrier Emirates reports record annual profit of $5.2 billion

  • Emirates, a Dubai-based long-haul carrier, reported a record $5.2 billion annual profit on May 8, 2025, operating from Dubai International Airport.
  • This profit followed falling crude oil prices and a strong recovery in global aviation after the pandemic, during which Dubai provided a $4 billion bailout.
  • The carrier operates 260 aircraft, flying to 148 destinations, and is retrofitting 219 planes at a $5 billion cost to offset delivery delays for new models like the Boeing 777-9 expected in 2027.
  • Emirates Group’s gross annual profit rose 18 percent to $6.2 billion before UAE’s 9% corporate tax, with revenue reaching $34.9 billion and workforce expanding to 121,223 employees.
  • The results underpin Emirates’ role as a key East-West travel hub and crown jewel of Dubai Inc., though Dubai faces growing traffic and cost challenges affecting residents.
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Al-Monitor broke the news in Washington, United States on Thursday, May 8, 2025.
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