Overview
- Emirates Group, which reported results Thursday, posted a record Dh21 billion profit after tax for 2025–26, with Emirates airline earning Dh19.7 billion.
- The company closed the year with record cash of Dh59.6 billion and said it will pay a Dh3.5 billion dividend to its owner, the Investment Corporation of Dubai.
- Military activity that began on February 28 led to Gulf airspace closures and a sharp hit to March flying, but Dubai secured safe corridors, cargo was ramped up, and operations have been largely restored.
- Executives said the group is well-hedged on jet fuel through 2028–29, and record earnings came despite the UAE lifting the corporate tax rate applied to the group to 15 percent under Pillar Two rules.
- Emirates told staff it will award a 20‑week bonus to eligible employees after the record year, while the airline carried 53.2 million passengers with a slightly lower load factor.