Dubai's Emirates Airline has announced a generous profit-sharing plan for employees, which works out to 24 weeks worth of salary.
The move comes after the company recorded its highest-ever annual profit of AED 10.6 billion ($2.9 billion).
On Thursday, the Emirates Group released its 2022-23 annual report, reporting its most profitable year ever on the back of strong demand across its businesses.
For the financial year ended 31 March 2023, the company posted a record annual profit of AED 10.9 billion ($3 billion), which is a complete turnaround from its loss position the previous year.
The @Emirates Group reports its most successful year ever— Dubai Media Office (@DXBMediaOffice) May 11, 2023
AED 10.9 billion
AED 119.8 billion
102,379 employees#Dubai pic.twitter.com/pQ6Nk6gWlm
. @HHShkMohd: The growth and success of Emirates has been at the heart of #Dubai’s rise as an aviation leader. The airline’s vast reach has also helped Dubai strengthen its global role as a bridge between markets and cultures. pic.twitter.com/sTFRCcCOHZ— Dubai Media Office (@DXBMediaOffice) May 11, 2023