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Emirates Group Posts AED 4.1 Billion Half-Year Profit Despite Regional Conflict and Rising Fuel Costs

Strong Cargo Demand and Customer Resilience Support Emirates Group Performance

KARACHI – The Emirates Group reported a half-year profit before tax of AED 4.1 billion (US$1.1 billion) for the first six months of 2026-27, despite disruptions caused by the ongoing Gulf conflict and sharply higher fuel prices. Group revenue reached AED 66.2 billion, while cash reserves remained strong at AED 54.1 billion, enabling continued investments in aircraft, infrastructure, and business expansion.

Emirates Airline faced operational challenges due to regional airspace restrictions and travel advisories but continued restoring its network, operating 91% of its pre-disruption schedule by the end of September. The airline carried 21.8 million passengers during the period and expanded its fleet with new Airbus A350 aircraft, cabin upgrades, Premium Economy offerings, and Starlink-powered inflight connectivity.

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The airline’s cargo business remained a key growth driver, transporting 1.2 million tonnes of cargo and benefiting from increased demand as disruptions to sea freight boosted air cargo activity. Emirates also continued major investments, including a US$5.1 billion maintenance and engineering facility at Al Maktoum International Airport and the expansion of premium customer lounges and travel services.

Meanwhile, dnata adapted to market disruptions through its global operations, reporting revenue of AED 11 billion and profit before tax of AED 410 million. The company secured new international contracts, expanded cargo and catering facilities, and invested in advanced technologies, positioning itself for long-term growth despite reduced travel and airline activity across the region.

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