Sunday, April 19, 2026

Emirates maintains position as the world’s most profitable airline

The Emirates Group announced a new record half-year financial performance, posting a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of 2025-26, making this the fourth consecutive year of record profitability for the half-year reporting period.

After accounting for income tax charges, the Group’s profit after tax is AED 10.6 billion (US$ 2.9 billion), up 13% from last year. Illustrating its strong operating performance, the Group maintained a robust EBITDA of AED 21.1 billion (US$ 5.7 billion), 3% higher than the AED 20.4 billion (US$ 5.6 billion) reported for the same period last year.

Group revenue was AED 75.4 billion (US$ 20.6 billion) for the first six months of 2025-26, up 4% from AED 70.8 billion (US$ 19.3 billion) last year. The Group closed the first half year of 2025-26 with a record cash position of AED 56.0 billion (US$ 15.2 billion) on 30 September 2025, compared to AED 53.4 billion (US$ 14.6 billion) on 31 March 2025. The Group has been able to tap on its own strong cash reserves to support business needs, including funding for new aircraft deliveries and servicing existing debt obligations. The Group also paid the remaining AED 2 billion (US$ 545 million) in dividend to its owner, of the AED 6 billion (US$ 1.6 billion) declared during the financial year 2024-25.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Geopolitical challenges and freight dynamics: Ensuring the future of Ethiopia’s Floriculture

The USA-Israel-Iran conflict that erupted on February 28, 2026,...

Mismatch in political grafting

Ethiopia's political history can be understood through the lens...

Ethiopia’s public debt needs harmonization with development goals, not reduction

Ethiopia has been rebuked by the financial world for...

Name: Yohannes Fekadu

2. Education: (የት/ት ደረጃ)     10+2 3. Company name: (የመስሪያ ቤቱ...

Sub-Saharan Africa Must Turn Crisis Into Reform

Sub-Saharan Africa is entering a harder economic era. After...
spot_img

Related Articles

Popular Categories

spot_imgspot_img