{"id":169327,"date":"2024-11-07T12:30:30","date_gmt":"2024-11-07T12:30:30","guid":{"rendered":"https:\/?p=169327"},"modified":"2024-11-07T13:26:44","modified_gmt":"2024-11-07T13:26:44","slug":"emirates-posts-record-profit-for-first-half-of-fiscal-2024-25","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/11\/emirates-posts-record-profit-for-first-half-of-fiscal-2024-25.html","title":{"rendered":"Emirates posts record profit for first half of fiscal 2024-25"},"content":{"rendered":"\n<p>The <strong>Emirates Group<\/strong> thursday announced its best-ever half-year financial performance, posting a profit before tax of AED 10.4 billion (US$ 2.8 billion) for the first six months of 2024-25.<\/p>\n\n\n\n<p>This is the first financial year that the UAE corporate income tax, enacted in 2023, is applied to the Group. After accounting for the 9% tax charge, the Group\u2019s profit after tax is AED 9.3 billion (USD 2.5 billion).<\/p>\n\n\n\n<p>Demonstrating its strong operating profitability, the Group maintained a robust EBITDA of AED 20.4 billion (US$ 5.6 billion), slightly lower from AED 20.6 billion (US$ 5.6 billion) last year.<\/p>\n\n\n\n<p><strong><em>\u2192 <a href=\"https:\/en\/2024\/11\/emirates-resumes-flights-to-edinburgh-scotland.html\">Emirates resumes flights to Edinburgh, Scotland<\/a><\/em><\/strong><\/p>\n\n\n\n<p>Group revenue was AED 70.8 billion (US$ 19.3 billion) for the first six months of 2024-25, up 5% from AED 67.3 billion (US$ 18.3 billion) last year. This reflects the consistently strong customer demand across business divisions, and across regions.<\/p>\n\n\n\n<p>The Group closed the first half year of 2024-25 with a solid cash position of AED 43.7 billion (US$ 11.9 billion) on 30 September 2024.<\/p>\n\n\n\n<p>To support increased operations and business activities, the Emirates Group\u2019s employee base, compared to 31 March 2024, grew 3% to an overall count of 114,610 on 30 September 2024.<\/p>\n\n\n\n<p>\u201cThe Group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25. This again illustrates the power of our proven business model working in combination with Dubai\u2019s growth trajectory as a city of choice to live, work, visit, connect through, and do business in&#8221;, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"related-topics\">Related Topics<\/h2>\n\n\n\n\t\t\t<div class=\"wp-block-uagb-post-grid uagb-post-grid  uagb-post__image-position-top uagb-post__image-enabled uagb-block-815d8787     uagb-post__items uagb-post__columns-2 is-grid uagb-post__columns-tablet-2 uagb-post__columns-mobile-1 uagb-post__equal-height\" data-total=\"199\" style=\"\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/03\/air-algerie-to-modernize-fleet-with-10-boeing-737-max-8-aircraft.html\" target=\"_self\" rel=\"bookmark 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10.4&hellip;\n","protected":false},"author":4312,"featured_media":130213,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[230,335],"class_list":{"0":"post-169327","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-airline","9":"tag-emirates-2"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",80,40,false],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",300,150,false],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Emirates-Airbus-A380.jpg",800,400,false]},"uagb_author_info":{"display_name":"Dergam Mousa","author_link":"https:\/\/aviacionaldia.com\/en\/author\/dmousa"},"uagb_comment_info":0,"uagb_excerpt":"The Emirates Group thursday announced its best-ever half-year financial performance, posting a profit before tax of AED 10.4&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/169327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/4312"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=169327"}],"version-history":[{"count":2,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/169327\/revisions"}],"predecessor-version":[{"id":169344,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/169327\/revisions\/169344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/130213"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=169327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=169327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=169327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}