2 sourcesUpdated
Emirates Group Posts US$1.1 Billion Half-Year Profit Amid Gulf Conflict, Despite 66% Decline
The Emirates Group recorded a profit before tax of AED 4.1 billion (US$1.1 billion) for the first half of its 2026-27 financial year, despite operational disruptions caused by the ongoing Gulf conflict and a sharp rise in fuel prices.
Summary
Revenue down 12% to AED 66.2 billion (US$ 18.0 billion). Emirates: Half-year profit before tax of AED 3.7 billion (US$ 1.0 billion), down 68%, and revenue of AED 56.9 billion (US$ 15.5 billion), down 13%, against the same period last year. Group revenue was AED 66.2 billion (US$ 18.0 billion) for the first six months of 2026-27, down 12% from AED 75.4 billion (US$ 20.6 billion) last year.