Emirates Group reported a record profit before tax of 24.4 billion United Arab Emirates dirhams or $6.6 billion for the financial year ending March 31, 2026, up 7 percent increase from the previous year.
The group also achieved a record revenue of 150.5 billion dirhams or $41.0 billion despite regional disruptions in the Gulf during the final month of its fiscal year.
Emirates retained its position as the world’s most profitable airline by contributing a record individual profit before tax of 22.8 billion dirhams or $6.2 billion to the group total.
The airline has now restored 96 percent of its global network as it continues to scale up operations toward pre-disruption levels. Emirates maintained services across key markets throughout the disruption period, which includes operating 32 weekly flights to Manila, Cebu and Clark in the Philippines.
“From a fuel perspective, Emirates is well-hedged until 2028-29; and we have worked with our suppliers to secure the volumes required to support our current operations and our scaling up to pre-disruption levels,” Emirates Airline and Group chairman and chief executive HH Sheikh Ahmed bin Saeed Al Maktoum said.
Sheikh Ahmed said strong cash reserves will allow the group to progress with business plans without resorting to knee-jerk cost control measures.
During the financial year, the airline expanded its network to 152 destinations across 80 countries. It expanded its partnerships to 32 codeshare and 117 interline partners, which provides passenger access to more than 1,700 cities beyond its own network.
Emirates carried 53.2 million passengers during the financial year, while its cargo division, Emirates SkyCargo, transported 2.4 million tonnes of cargo worldwide.
The airline added four weekly Manila flights in April, which increased cargo capacity between the Philippines, Dubai and major trade markets across Europe, the United States and the Indian subcontinent.
To support fleet expansion and cabin upgrades, Emirates received 15 Airbus A350 aircraft during the year and continued its $5 billion retrofit program. The airline has completed full cabin refreshes on 91 aircraft to feature its Premium Economy product and upgraded interiors.
Emirates also accelerated the deployment of Starlink high-speed Wi-Fi across its fleet, equipping 21 aircraft with the service by March 31. For the local market, the airline continues to provide complimentary bus services for Economy Class passengers traveling to and from Clark International Airport.
“Our fundamentals are strong. The Emirates Group’s proven business model is unchanged. Dubai’s place at the nexus of global commerce, trade and travel flows is unchanged,” Sheikh Ahmed said.
