Emirates Group posts record half-year performance with $1.2bn net profit

The Emirates Group has reported a net profit of US$1.2bn for the first six months of 2022-23, a record half-year performance, and a strong turnaround from its $1.6bn loss for the same period last year. The Group recorded a revenue of $15.3bn for the first six months of 2022-23, up 128% from $6.7bn last year. This was driven by the strong demand for air transport across the world with the further easing and removal of pandemic-related travel restrictions. Sheikh Ahmed bin Saeed Al Maktoum, Chairman, and Chief Executive, of Emirates Airline and Group, said: “The Group’s record performance for the first