Emirates Group's revenue FY 2013/2014-FY 2023/2024
The Emirates Group's annual revenue for fiscal year 2023/2024 was approximately 137.4 billion Emirati dirhams. That was a sharp increase compared to the group's revenue of nearly 66 billion Emirati dirhams in the 2021/2022 financial year.
Emirates is a Dubai-based, state-owned airline founded in 1985 as a subsidiary of The Emirates Group. It is the largest Middle Eastern airline with its hub at Dubai International Airport with an estimate of 103.5 billion passengers in 2020, making it the world’s busiest airport.
Travel hub Dubai
Dubai is a popular travel destination amongst international tourists. The year 2019 saw about 25.3 million international travelers arriving in the United Arab Emirates. Furthermore, the number of passengers transported by Emirates grossed over 58 million people in 2018.
Emirates Group
The Emirates Group, founded by Ahmed bin Saeed Al Maktoum, in itself is a subsidiary owned by the Investment Corporation of Dubai of the United Arab Emirates government with headquarters in Garhoud, Dubai. The group owns several subsidiaries primarily providing services in aviation, air services, travel, hospitality, retail and education. In financial year 2022/23, the largest share of revenue amounting to 32 percent was earned from activities carried out in Europe.