Emirates Group Reports Record Profit on Strong Travel Demand

Emirates Group, operator of the world’s largest long-haul airline, reported a third straight year of record profit and said it continued to benefit from strong global travel demand.

Profit rose to 20.5 billion dirhams ($5.6 billion) for the period ended March 31, after accounting for a corporate income tax enacted in 2023, the Dubai-based company said Thursday in a statement. In the prior year, the company reported profit of 18.7 billion dirhams. Revenue rose 6% to 145.4 billion dirhams.

The state-owned carrier has benefited from huge passenger flows through its hub in Dubai, after travel demand roared back from ...