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
The funding will primarily support a new embedded deferred payment offering that enables a larger…
Private employment rose by 38,000 jobs last month. U.S. private payrolls increased moderately in August,…
The Atlas tracks Europe's clean-tech transformation, showing how adoption, investment and industrial change are unfolding…
Future EU long-term care demand hinges more on health trajectories than ageing alone, making prevention…
Standard portfolio theory predicts strong investor responses to changes in the equity premium, but empirical…
Climate change and the transition to net zero are reshaping the macroeconomy, with important implications…