Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines.
The Dubai-based carrier served 53.7 million passengers out of its hub of Dubai International Airport.
The overall Emirates Group, owned by Dubai’s sovereign wealth fund, saw annual profits of $5.6 billion.
Emirates serves as a crucial link in East-West travel and is the crown jewel of what experts and diplomats refer to as “Dubai Inc.” — a series of interconnected companies overseen by the sheikhdom’s ruling Al Maktoum family.
