Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic
The long-haul carrier Emirates says it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations
DUBAI, United Arab Emirates (AP) — The long-haul carrier Emirates announced Monday it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations.
Emirates, owned by Dubai's government, announced revenues of $33 billion, compared to $29.3 billion the year before. Profit the year prior had been $2.9 billion.
The airline carried 51.9 million passengers in its 2023 financial year, as compared to 43.6 million the year prior.
“Throughout the year, we saw high demand for air transport and travel related services around the world, and because we were able to move quickly to deliver what customers want, we achieved tremendous results,” Sheikh Ahmed bin Saeed Al Maktoum, the chairman and CEO of Emirates said in a statement.
