The company’s highest-ever yearly earnings, Emirates Airlines employees will share in a Dh10.6 billion ($2.9 billion) incentive fund. More than 50,000 of its employees would receive 24 weeks’ compensation with the May wage.
In the fiscal year that concluded on March 31, Dubai’s premier airline earned Dh10.6 billion ($2.9 billion).
“You deserve every share of 24 weeks of profits for our outstanding performance in 2022-2023,” the document stated.
As countries reopened international borders and abolished pandemic-related restrictions, there was a robust travel demand that matched the record annual profit.
According to the report, the airline carried 43.6 million passengers, an increase of 123% from the prior year.
“We anticipated a strong return to travel, and as the last travel restrictions lifted and stimulated the demand wave, we are ready to serve our customers,” said Sheikh Ahmed bin Saeed, Chairman and Chief Executive of Sheikh Ahmed bin Saeed been able to quickly and safely grow their activities.
On Thursday, Emirates Airline and Group announced. “As a result, we produced a record cash balance and financial performance for our fiscal year 2022-2023”.
