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The Independent UK
The Independent UK
National
Via AP news wire

Long-haul carrier Emirates reports record annual profit of $5.2 billion

Emirates
Earns Emirates - (Copyright 2023 The Associated Press. All rights reserved.)

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

The Dubai-based carrier served 53.7 million passengers out of its hub of Dubai International Airport.

The overall Emirates Group, owned by Dubai’s sovereign wealth fund, saw annual profits of $5.6 billion.

Emirates serves as a crucial link in East-West travel and is the crown jewel of what experts and diplomats refer to as “Dubai Inc.” — a series of interconnected companies overseen by the sheikhdom’s ruling Al Maktoum family.

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