Emirates Group to pay 20-week bonus to eligible employees after record profit

Aviation company will include the 'profit share' in its May payroll

Emirates Group’s workforce grew 10 per cent year on year to 112,406 employees. AP

Emirates Group, which includes the airline and ground-handling unit dnata, will pay a 20-week bonus to eligible employees after it posted a record profit for its financial year ending March 31, The National understands.

The bonus will be included in the May payroll, following the group's second consecutive year of record profits as it makes a strong comeback from the coronavirus-induced global slowdown in air travel.

The aviation company posted a record profit of Dh18.7 billion, a jump of 71 per cent year on year, it said on Monday.

Group revenue increased by 15 per cent on an annual basis to a record Dh137.3 billion, driven by strong customer demand across its businesses, it said.

The company's workforce grew 10 per cent annually to a record 112,406 employees, as the airline and dnata continued to hire staff around the world to support the expansion of operations and bolster future capabilities.

The group is also seeking to hire thousands of cabin crew, pilots, engineers, customer service agents, IT workers and other specialists from around the world to drive its growth ambitions.

This is the second year in a row that Emirates has announced hefty bonuses for its staff. More than 50,000 of its employees received 24 weeks of pay with their May 2023 salaries.