Emirates Group logs record profits of $5.1 billion

Emirates Group logs record profits of $5.1 billion Dubai-based Emirates Group has announced record annual profits for the second year in a row

Dubai-based Emirates Group announced record annual profits for the second year in a row. Citing strong customer demand, the airline says it has now overcome heavy losses incurred during the COVID-19 pandemic.

Dubai-based airline Emirates announced record annual profits of $5.1 billion (€4.73 billion) on Monday, surpassing last year's $3 billion profit and erasing losses incurred during the pandemic.

Emirates Group's airline business alone returned $4.7 billion, up 63%, while its airport services company Dnata also saw profits more than quadruple to $400 million.

More to follow…

mf/rm (AFP, AP)

  • https://www.msn.com/en-xl/news/other/emirates-group-logs-record-profits-of-5-1-billion/ar-BB1mhXQD?ocid=00000000

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