The Emirates Group has announced its strongest-ever half-year financial results, posting a record profit before tax of AED 12.2 billion (USD 3.3 billion) for the first six months of FY2025–26, marking a 17% increase year-on-year. This milestone also represents the Group’s fourth consecutive period of record profitability, reaffirming its position as the world’s most profitable airline group.

The Group’s profit after tax stood at AED 10.6 billion (USD 2.9 billion), up 13% from last year, while revenues rose 4% to AED 75.4 billion (USD 20.6 billion). Supported by strong passenger demand and expanding operations, Emirates Group maintained a healthy EBITDA of AED 21.1 billion (USD 5.7 billion).

As of September 30, 2025, the Group’s cash position reached a record AED 56 billion (USD 15.2 billion), ensuring financial flexibility for new aircraft deliveries, debt servicing, and future investments.

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said:

“The Group has once again delivered an outstanding performance, surpassing our half-year results of last year to achieve a new record profit for H1 2025–26. Emirates maintains its position as the world’s most profitable airline for this half-year reporting period.”

He added that the success reflects “unflagging demand and growing customer preference for Emirates’ product and service excellence,” supporting ongoing investments in innovation, technology, and sustainability.

Airline Performance

Emirates Airline delivered a record half-year profit before tax of AED 11.4 billion (USD 3.1 billion), up 17% year-on-year, with revenues reaching AED 65.6 billion (USD 17.9 billion). The growth was fueled by strong travel demand, particularly for premium cabins, and new route expansions.

Between April and September 2025, Emirates launched new services to Danang, Siem Reap, Shenzhen, and Hangzhou, expanding its network to 153 destinations across 81 countries. The airline also added 28 new weekly flights to key routes, enhancing global connectivity.

Fleet expansion continued with the delivery of five new A350 aircraft and 23 aircraft retrofits under a USD 5 billion modernisation programme. Emirates Premium Economy, now available on 61 routes, remained a key contributor to revenue growth.

The airline also unveiled ‘Emirates First’, an exclusive check-in experience for First Class passengers and Platinum Skywards members at Dubai Airport, and expanded its global retail store presence in cities like Accra, Bangkok, Geneva, Jakarta, Mauritius, Osaka, Seoul, and Singapore.

Sustainability remained central, with Emirates uplifting Sustainable Aviation Fuel (SAF) at 37 airports and joining the Aviation Circularity Consortium to promote greener practices.

Passenger traffic rose 4% to 27.8 million, while Emirates SkyCargo transported 1.25 million tonnes of freight, up 4% year-on-year. The airline also launched Courier Express, a new express delivery service for businesses.

dnata Performance

dnata reported its highest-ever half-year revenue of AED 11.7 billion (USD 3.2 billion), up 13% year-on-year. Profit before tax rose 17% to AED 843 million (USD 230 million), while profit after tax reached AED 697 million (USD 190 million).

Airport operations contributed AED 5.5 billion (USD 1.5 billion), a 15% rise supported by expanded services in Italy, Australia, the UK, and the UAE. The company handled 450,903 aircraft turns, up 15%, and cargo volumes grew 3% to 1.59 million tonnes.

dnata’s catering and retail division generated AED 4.1 billion (USD 1.1 billion) in revenue, up 11%, while its travel division reached AED 2 billion (USD 538 million) in revenue, with a total transaction value of AED 5 billion (USD 1.4 billion).

The company invested USD 110 million in new ground support equipment and launched its marhaba hospitality brand in the UK. dnata also acquired a minority stake in WonderMiles, a next-generation booking platform, and entered its first major sports sponsorship with Dubai Basketball.

Concluding on a strong note, Sheikh Ahmed said,

“Global demand for air transport remains buoyant despite geopolitical and economic pressures. Emirates and dnata are positioned for continued growth, with new A350 aircraft joining the fleet and expanded facilities supporting dnata’s international operations.”

With record-breaking results and a continued focus on excellence, innovation, and sustainability, the Emirates Group remains a symbol of resilience and leadership in the global aviation industry.