US EditionGulf airlines rake in record profits
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2 Articles
Gulf airlines rake in record profits
The NewsGulf airlines are raking in profits for their (mainly government) owners. The top three carriers — Emirates, Qatar Airways, and Etihad — all had record years in 2024, and first-quarter results from Air Arabia suggest demand remains robust. All that is giving airlines confidence: Qatar Airways and Etihad recently announced orders for a combined 238 Boeing jets worth $110 billion. Aviation chiefs appear unconcerned about a global slowdown,…
Emirates reported record profits. Image: Courtesy Emirates. Dubai-based international state-owned conglomerate Emirates Group, in its annual report for fiscal period 2024-2025, reported record levels of profits, EBITDA, revenues and liquidity. What positions it as the most profitable aeronautical group in the world during the aforementioned period, while Emirates reaches the best result of its history, becoming the most profitable airline. Emira…
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