Emirates Group H1 profit falls 66% to AED 4.1 billion amid Gulf conflict, high fuel costs
New Delhi, Nov. 5 -- Emirates Group reported a 66 per cent decline in profit before tax to AED 4.1 billion (USD 1.1 billion) for the first half of the 2026-27 financial year, as regional conflict, operational disruptions and elevated fuel prices weighed on its airline and ground-handling businesses.
The Group's revenue fell 12 per cent to AED 66.2 billion (USD 18 billion) during the six months ended September 30, compared with AED 75.4 billion in the corresponding period last year. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 41 per cent to AED 12.5 billion.
Emirates Group Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum said customer demand remained firm and cargo operations made a ...
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