Overview
- Emirates Group, which released its annual results Thursday, posted a record profit before tax of Dh24.4bn, while the airline reported a record after-tax profit of Dh19.7bn for the year to March 31, 2026.
- Year-end cash assets rose to Dh59.6bn (about $15bn), and the group declared a Dh3.5bn dividend to its owner as Emirates confirmed a 20‑week bonus for eligible staff.
- Military activity that began on February 28 forced temporary Gulf airspace closures and March suspensions at Dubai International, with operations now largely restored after the UAE reopened its airspace in May even as some passenger capacity limits persist.
- The group said it is well hedged on fuel through 2028–29 and invested Dh17.9bn during the year in aircraft, facilities, equipment and technology, with fleet renewals and cabin retrofits continuing.
- Emirates said it remains the world’s most profitable airline as it carried 53.2 million passengers with a 78.4% load factor, and higher yields and cargo strength helped offset a small dip in traffic and a higher 15% UAE corporate tax rate.