Flying high: Emirates staff to receive 22-week bonus after record profit

Emirates Group employees are in line for a windfall after the Dubai-based aviation giant announced a record-breaking financial performance for the 2024–2025 fiscal year, with staff set to receive a 22-week bonus payout.

The bumper bonus follows a year that saw the group achieve all-time highs in revenue, profit, EBITDA and cash reserves. Emirates Airline, the flagship carrier, was crowned the most profitable airline in the world during the reporting period, while the group, overall, says it has become the globe’s top-performing airline.

Read more: Emirates Group delivers record-breaking financial year 2024-25

According to the financial results released on Thursday, the Emirates Group recorded a pre-tax profit of Dhs22.7bn ($6.2bn), an 18 per cent increase over the previous year. After the UAE’s 9 per cent corporate income tax, net profit stood at Dhs20.5bn ($5.6bn).

Revenues climbed to Dhs145.4bn ($39.6bn), up 6 per cent year-on-year, while cash reserves surged 13 per cent to Dhs53.4bn ($14.6bn). EBITDA for the group rose to Dhs42.2bn ($11.5bn), also a record.

Emirates Airline itself generated a pre-tax profit of Dhs21.2bn ($5.8bn), a 20 per cent rise over the prior year, with revenues of Dhs127.9bn ($34.9bn). The airline’s cash balance also hit an all-time high of Dhs49.7bn ($13.5bn), up 16 per cent.

dnata, the group’s aviation services division, also reported its best-ever financial results. It posted a pre-tax profit of Dhs1.6bn ($430m) and revenue of Dhs21.1bn ($5.8bn), reflecting a 10 per cent annual increase.

The group also announced a dividend of Dhs6bn ($1.6bn) to its shareholder, the Investment Corporation of Dubai.