Emirates Group profit fell 66% to 889 million euros in the first half of the fiscal year

Emirates Group reported a 66% drop in profit for the first half of the fiscal year, impacted by regional conflicts and rising oil prices. The company earned €889 million from April 2026 to March 2027, down from €2.5 billion the previous year. CEO Sheikh Ahmed bin Saeed Al Maktoum noted unprecedented regional challenges and high fuel costs, although customer demand remained strong. The group's revenue fell 13% to €13.7 billion, while Dnata's profits also decreased by 56%.