Emirates Groups announces AED4.1 billion pre-tax profit in H1 2026

File Photo

The Emirates Group has posted a profit before tax of AED 4.1 billion ($1.1 billion) for the first six months of 2026-27, despite disruptions and high fuel prices due to the regional conflict. 

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, said the Emirates' "business model and our people stood up to the test" during the "demanding six months". 

Post-tax profit stood at AED3.6 billion, down 66 per cent from last year, while revenue was AED66.2 billion, down 12 per cent from AED75.4 billion.

Sheikh Ahmed thanked the UAE government for its response during the regional tensions to enable transport resumption and the easing of travel advisories to and from the country.

The airline posted a half-year profit before tax of AED 3.7 billion ($1.0 billion), down 68 per cent, and revenue of AED 56.9 billion ($15.5 billion), down 13 per cent, against the same period last year. 

Sheikh Ahmed added that "customer demand held firm and our cargo operations made a strong contribution, keeping revenue and cash levels healthy even as global jet fuel prices doubled against the same period last year, impacting our costs and profitability".

Compared to March 31, the Emirates Group’s employee base dropped by 2 per cent to an overall count of 128,237 on September 30, with recruitment drives to support business requirements ongoing.

More from Business

Coming Up on Dubai Eye

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

  • The Debrief

    4:00pm - 7:00pm

    Join Dane on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!