Dubai: Emirates Group has achieved record levels in net profit, revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA), and cash balances for the financial year 2024-2025. This exceptional performance reflects Emirates Group’s status as the most profitable aviation group globally during the reporting period, achieving the best financial results in its history, making it the world’s most profitable airline.
According to Emirates News Agency, both Emirates Airline and dnata reported record revenues in 2024-2025, as the Group continued expanding its operations worldwide to meet strong and growing customer demand for its high-quality products and services. At the end of the financial year on 31st March 2025, Emirates Group recorded a record profit before tax of AED22.7 billion (US$6.2 billion), an 18 percent increase compared to the previous financial year, and record revenue of AED145.4 billion (US$39.6 billion), an increase of 6 percent compared to the previous financial year.
The Group reported a record cash balance of AED53.4 billion (US$14.6 billion), up 13 percent from the previous year, and achieved the highest-ever EBITDA of AED42.2 billion (US$11.5 billion), a 6 percent increase over the previous financial year, reflecting strong operating performance. The Group announced a dividend of AED6.0 billion (US$1.6 billion) to its owners, the Investment Corporation of Dubai.
This financial year marks the first application of corporate income tax in the UAE, which was introduced in 2023 and applied to Emirates Group. After accounting for the 9 percent tax rate, the Group’s net profit after tax reached AED20.5 billion (US$5.6 billion).
Emirates Airline solidified its position as the world’s most profitable airline, recording a record profit before tax of AED21.2 billion (US$5.8 billion), a 20 percent increase compared to the previous financial year. The airline also achieved record revenue of AED127.9 billion (US$34.9 billion), an increase of 6 percent over the previous financial year. Its cash balance reached a record AED49.7 billion (US$13.5 billion), a 16 percent increase compared to the previous financial year.
dnata also reported record profit before tax of AED1.6 billion (US$430 million), an increase of 2 percent compared to the last financial year. dnata’s revenue reached a record AED21.1 billion (US$5.8 billion), an increase of 10 percent from the previous year.
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, highlighted the importance of the Group in supporting Dubai’s vision as a global hub for trade and travel. He emphasized that the success of Emirates Airline and dnata is a result of a forward-looking vision and systematic planning, contributing to Dubai’s status as a global force in aviation.
He further explained that the mission established 40 years ago by the Government of Dubai to make Emirates Airline the best in its field has been achieved through a commitment to operational excellence, investment in technology and human capital, and a focus on delivering real value to customers and markets.
Sheikh Ahmed stressed that the Emirates Group’s record results in the financial year 2024-2025 demonstrate the efficiency and resilience of its operating model in responding to market changes. He concluded that the Group will continue to build on these achievements to support Dubai’s and the UAE’s strategic goals, maintaining its competitiveness and resilience in the face of geopolitical and economic challenges.
