Strong demand drives surge in Dubai’s Emirates airline H1 profit

Emirates airline, Dubai's flagship carrier, posted a significant jump in net profit for the first half of financial year 2023-24 on the back of strong demand, the company said on Thursday, while Group profit surged to a record high. Emirates' profit soared 134% year-over-year to 9.4 billion dirhams ($2.56 billion) in the first six months of its financial year. Dubai, widely considered the Gulf's tourism and business hub, bounced back strongly after its services-dominated economy came to a near standstill during the COVID-19 pandemic.