Emirates Group, the parent company of Emirates airline and ground-handling arm dnata, reported on Thursday that group revenue for the first half of the 2026-27 fiscal year reached Dh66.2 billion, while pre-tax profit fell 66 percent to Dh4.1 billion. Revenue itself was down 12 percent compared with the same period last year.

Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates Group, described the six-month period as "demanding," saying the group's business model and its people had once again "stood up to the test."

The group attributed the sharp profit decline to regional aviation disruption stemming from the US-Iran conflict, along with a sharp rise in fuel costs, which it said had roughly doubled compared with the same period a year earlier.

Despite the steep drop, Emirates Group remained profitable for the half-year, a result industry analysts say reflects the carrier's financial resilience in the face of regional shocks. As one of the world's largest international airlines, Emirates continues to play a central role in connecting Dubai to the global aviation network, and its financial performance is widely watched as a barometer for the broader health of the UAE's aviation and tourism sectors.

The results come as regional markets continue to navigate volatile energy prices and shifting geopolitical dynamics across the Gulf.