Bumper profit brings 24-week bonus for Emirates employees

File picture

Dubai's Emirates Airline has announced a generous profit-sharing plan for employees, which works out to 24 weeks worth of salary.

The move comes after the company recorded its highest-ever annual profit of AED 10.6 billion ($2.9 billion).

On Thursday, the Emirates Group released its 2022-23 annual report, reporting its most profitable year ever on the back of strong demand across its businesses.

For the financial year ended 31 March 2023, the company posted a record annual profit of AED 10.9 billion ($3 billion), which is a complete turnaround from its loss position the previous year.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!