Recording The Highest Profit Of IDR 42 Trillion, Emirates Airlines Plans To Distribute Bonuses For 24 Weeks Of Salary For Employees

Illustration of flight crews of Emirates Airlines. (Wikimedia Commons/Yair Haklai)

JAKARTA - Good news comes for Emirates airline employees, as the company plans to distribute bonuses after recording a satisfactory performance and posting the highest annual profit, which is 10.6 billion UAE dirhams or equivalent to IDR 42,850,468,539,200.

Documentation seen by The National News shows that more than 50,000 of its employees will receive 24 weeks of salaries with a salary in May.

The success of the leading airline in Dubai, United Arab Emirates, was recorded in the fiscal year ending March 31.

"For our outstanding performance in 2022-2023, you deserve every part of the profit distribution of 24 weeks," the document reads, as reported by The National News May 14.

This annual profit record is in line with increased travel demand, along with the government's move to reopen international borders and lift restrictions related to the pandemic.

Revenue jumped 81 percent to 107.4 billion dirhams, along with a more than double increase in the number of passengers transported, restoring most of its global network and re-operating more passenger flights after the lifting of travel restrictions due to the COVID-19 pandemic.

It said the airline was carrying 43.6 million passengers, up 123 percent from the number of passengers transported in the previous fiscal year.

"We have anticipated a spike in the number of travel returns, and when the last travel restrictions are lifted and trigger a wave of demand, we are ready to expand our operations quickly and safely to serve our customers," said Chairman and Chief Executive of Emirates Airline and Group Sheikh Ahmed bin Saeed.

"As a result, we have recorded a record financial performance and cash balance for the financial year 2022-2023," he continued.

"This reflects the strength of our proven business model, careful future planning, the hard work of all of our employees and solid partnerships throughout the aviation and travel ecosystem," concluded Sheikh Ahmed bin Saeed.