Emirates Group Reports 3% Profit Rise Amidst Regional Disruptions

Emirates Group has announced a robust financial performance, posting a 3.0 percent increase in annual profits to $5.7 billion. This achievement comes despite significant disruptions caused by the ongoing conflict in the Middle East, which has repeatedly impacted Dubai's airport operations. As the owner of Emirates, the world's largest long-haul carrier, the state-owned entity has demonstrated resilience, reporting record pre-tax profits of $6.6 billion and record cash assets totaling $16.2 billion. Chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum expressed optimism, noting that the first 11 months of the 2025-26 fiscal year showed a very positive picture across the Group. He highlighted the significant ramp-up in cargo operations, which have been instrumental in supporting the movement of essential goods into and through the UAE. This surge in cargo has helped to offset the reduced passenger capacity resulting from flight curtailments. Flights to and from Dubai's main airport, a major international hub, have faced limitations since February 28th, following Iran's retaliatory strikes. The United Arab Emirates, a host to US troops, has been a focal point of Iranian actions, with authorities reporting over 2,800 drone and missile attacks, most of which were intercepted. Despite these challenges, Emirates Group's strong performance underscores its strategic importance and operational adaptability within the region.

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For the first 11 months of 2025-26, the picture across the Group was very positive.