Emirates earns $5.2 billion, ranks among world's most profitable airlines

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Emirates earns $5.2 billion, ranks among world's most profitable airlines - Business Standard

Quick Summary:

The overall Emirates Group, owned by Dubai's sovereign wealth fund known as the Investment Corporation of Dubai, saw annual profits of USD 5.6 billion, compared to USD 5.1 billion the year before.

Long-haul carrier Emirates reported on Thursday that it earned annual profits of USD 5.2 billion, making it one of the world's most-profitable airlines.

"Our excellent financial standing enables us to continue building on and scaling up from our successful business models," said Sheikh Ahmed bin Saeed Al Maktom, Emirates' chairman and chief executive.