{"id":87060,"date":"2025-02-14T04:59:45","date_gmt":"2025-02-14T04:59:45","guid":{"rendered":"https:\/\/peraltafinancing.com\/airline\/long-haul-carrier-emirates-sees-highest-ever-profit-in-2022-of-2-9b-after-pandemic-grounded-flights\/"},"modified":"2025-02-14T04:59:45","modified_gmt":"2025-02-14T04:59:45","slug":"long-haul-carrier-emirates-sees-highest-ever-profit-in-2022-of-2-9b-after-pandemic-grounded-flights","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=87060","title":{"rendered":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights"},"content":{"rendered":"


\n<\/p>\n

\n

Long-haul carrier Emirates saw its
\nmost-profit year ever in 2022, earning $2.9 billion after bouncing back
\nfrom the coronavirus pandemic shutting down global aviation, the airline
\n announced Thursday.<\/span><\/p>\n

The carrier’s revival comes as Dubai, which
\nowns the airline, has seen property prices skyrocket and people flood
\ninto the city-state in the United Arab Emirates as it lifted pandemic restrictions quickly and welcomed Russians fleeing Moscow’s war on Ukraine.<\/span><\/p>\n

Emirates’
\n annual report put revenue for the carrier at $29 billion in 2022, up
\n81% from 2021’s figures of $16 billion. That drastic swing comes after
\nthe airline reported a $1.1 billion loss in 2021.<\/span><\/p>\n

The city-state, one of seven hereditarily ruled, autocratic sheikhdoms that make up the UAE, provided Emirates some $4 billion in a bailout in the depths of the pandemic.
\n Even today as travel has bounced back, the carrier still has some of
\nits double-decker Airbus A380s still parked, awaiting mechanics to be
\nable to fly again.<\/span><\/p>\n

\u201cWe
\n had anticipated the strong return of travel, and as the last travel
\nrestrictions lifted and triggered a tide of demand, we were ready to
\nexpand our operations quickly and safely to serve our customers,” Sheikh
\n Ahmed bin Saeed Al Maktoum, the chairman and chief executive of
\nEmirates, said in a statement.<\/span><\/p>\n

The report said Emirates has repaid
\n just over $2 billion in other loans taken from financial institutions
\nduring the pandemic, putting the total loan amount from outside of the
\ngovernment at $4.7 billion.<\/span><\/p>\n

The overall Emirates Group, which
\nincludes travel company dnata, as well as food, beverage and leisure
\nholdings, reported profits of nearly $3 billion off revenues of $32.6
\nbillion.<\/span><\/p>\n

The overall group declared a dividend to its owner, the sovereign wealth fund Investment Corporation of Dubai, of $1.2 billion.<\/span><\/p>\n

Emirates
\n acknowledged facing \u201ca temporary setback\u201d when it comes to receiving
\nnew airplane orders, particularly as manufacturers struggle to regroup
\nand face supply issues following the height of the pandemic. The airline
\n already has on order 115 Boeing 777Xs, 30 Boeing 787 Dreamliners and 50
\n Airbus A350-900s, with the first planes likely not being delivered
\nuntil the middle of next year.<\/span><\/p>\n

That delay has seen Emirates embark on a $2 billion retrofit program for 120 of its Airbus A380s and Boeing 777s.<\/span><\/p>\n

Emirates
\n also has struck deals with United Airlines and Air Canada to share
\nroutes, apparently putting to bed years of bad blood between U.S.
\ncarriers and the Dubai airline.<\/span><\/p>\n

As of now, Emirates has a fleet of
\n 260 Boeing 777s and Airbus A380s flying to 150 passenger and cargo
\ndestinations. The airline carried 43.6 million passengers and 1.8
\nmillion tons of cargo during 2022.<\/span><\/p>\n

Earlier Thursday, Emirates
\nannounced it would create a $200 million fund for research and
\ndevelopment projects aimed at reducing the use of fossil fuels in
\ncommercial aviation. The airline said the funding would be distributed
\nover three years.<\/span><\/p>\n

\u201cIt\u2019s clear that with the current pathways
\navailable to airlines in terms of emissions reduction, our industry
\nwon\u2019t be able to hit net zero targets in the prescribed timeline,\u201d
\nairline President Tim Clark said in a statement. \u201cWe believe our
\nindustry needs better solutions, and that\u2019s why we\u2019re looking to partner
\n with leading organizations.”<\/span><\/p>\n

Emirates separately will aim to use
\nso-called sustainable aviation fuel as well when possible \u2014 though it
\nremains incredibly scarce in the market. In January, the airline successfully flew a Boeing 777 on a test flight with one of its two engines entirely powered by the fuel.<\/span><\/p>\n

(John Gambrell – Associated Press) <\/span><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Long-haul carrier Emirates saw its most-profit year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation, the airline announced Thursday. The carrier’s revival comes as Dubai, which owns the airline, has seen property prices skyrocket and people flood into the city-state in the United Arab Emirates as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12028],"tags":[42738,1073,21170,13135,19600,42737,6423,18854,13520,16699],"dealstore":[],"offerexpiration":[],"class_list":["post-87060","post","type-post","status-publish","format-standard","hentry","category-airline","tag-2-9b","tag-carrier","tag-emirates","tag-flights","tag-grounded","tag-highestever","tag-longhaul","tag-pandemic","tag-profit","tag-sees"],"yoast_head":"\nLong-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=87060\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Long-haul carrier Emirates saw its most-profit year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation, the airline announced Thursday. The carrier’s revival comes as Dubai, which owns the airline, has seen property prices skyrocket and people flood into the city-state in the United Arab Emirates as […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=87060\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-14T04:59:45+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=87060#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=87060\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights\",\"datePublished\":\"2025-02-14T04:59:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=87060\"},\"wordCount\":580,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"keywords\":[\"2.9B\",\"Carrier\",\"Emirates\",\"flights\",\"Grounded\",\"highestever\",\"longhaul\",\"pandemic\",\"profit\",\"sees\"],\"articleSection\":[\"Airline\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=87060#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=87060\",\"url\":\"https:\/\/fivemor.com\/?p=87060\",\"name\":\"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"datePublished\":\"2025-02-14T04:59:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=87060#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=87060\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=87060#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=87060","og_locale":"en_US","og_type":"article","og_title":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network","og_description":"Long-haul carrier Emirates saw its most-profit year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation, the airline announced Thursday. The carrier’s revival comes as Dubai, which owns the airline, has seen property prices skyrocket and people flood into the city-state in the United Arab Emirates as […]","og_url":"https:\/\/fivemor.com\/?p=87060","og_site_name":"Som2ny Network","article_published_time":"2025-02-14T04:59:45+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=87060#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=87060"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights","datePublished":"2025-02-14T04:59:45+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=87060"},"wordCount":580,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"keywords":["2.9B","Carrier","Emirates","flights","Grounded","highestever","longhaul","pandemic","profit","sees"],"articleSection":["Airline"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=87060#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=87060","url":"https:\/\/fivemor.com\/?p=87060","name":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"datePublished":"2025-02-14T04:59:45+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=87060#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=87060"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=87060#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/87060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87060"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/87060\/revisions"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87060"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=87060"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=87060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}