Emirates Airlines receives record annual profit of $3 billion – Kommersant

Emirates State Airlines Emirates Group (Dubai) 11 May informedthat for the 2022-2023 financial year, which ended on March 31, she received a net profit of 10.9 billion dirhams ($3 billion). This is a record figure for the company. A year earlier, the company received a loss of 3.9 billion dirhams ($1.1 billion). The company’s total revenue grew by 81% and reached 119.8 billion dirhams ($32.6 billion) – this is also a record.

Emirates Group CEO Sheikh Ahmed bin Saeed Al Maktoum said: “Our achievements would not have been possible without His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of the Emirate of Dubai, whose leadership has become critical to our success. now and all these years.”

He also added that the company has contributed to the revitalization of the Dubai economy and tourism, with a 97% increase in the number of international visitors to Dubai in 2022.

The company noted that with the lifting of anti-COVID restrictions, it managed to significantly increase its operations, and now it expects further business growth in the next financial year.

Evgeniy Khvostik