Economy

Emirates airline posts record annual profit on strong travel demand

 Dubai’s Emirates airline on Thursday reported a record full-year profit, boosted by strong international travel demand on major routes.

The results underscore a sustained rebound in global air travel, with Emirates benefiting from a surge in demand across Asia, Europe and the Middle East.

The airline, among the world’s largest by international capacity, has added new routes and increased flight frequencies amid a surge in tourism and business travel.

It carried 53.7 million passengers in the fiscal year, with seat capacity up 4%.

But escalating trade tensions and geopolitical uncertainty are clouding the outlook for the broader industry.

The Gulf carrier posted earnings of 19.1 billion dirhams ($5.2 billion) for the year ended March 31, compared with 17.2 billion dirhams a year earlier.

© ZAWYA 2025

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Our underappreciated international reserve system

The composition of international reserves is in a constant state of flux. This column identifies…

4 hours ago

CBDC neutrality, bank liquidity, and the hybrid nature of bank deposits

There are concerns that the widespread adoption of central bank digital currencies could drain bank…

4 hours ago

Beyond cost-cutting: How foundational process innovations drive sustained growth

Innovation is widely viewed as the engine of economic growth, but we know surprisingly little…

4 hours ago

Tall buildings lead to more compact and productive cities

Land-use regulations, including height limits, affect housing affordability and urban productivity. This column analyses over…

4 hours ago

Too fast to adjust: Adoption speed and the permanent cost of AI transitions

Most debate about AI and jobs still starts with the automation frontier: how many tasks…

4 hours ago

The EU’s new fiscal rules: First gaps between hopes and outcomes

The 2024 reform of the EU's Stability and Growth Pact introduced medium-term expenditure paths as…

5 hours ago