After posting a record profit of 7.2 billion dirhams ($4.7 billion) for its 2023-2024 fiscal year, Emirates is giving its over 100,000 employees a bonus worth 20 weeks of their respective salaries. The Dubai-based carrier’s profits increased 63% year-over-year.
According to a report in the Khaleej Times, the company’s employees will receive the one-time payout in May. The airline said its workforce grew by 10% last year with a total of 112,406 staff members in 84 countries.
In an email viewed by the Khaleej Times, the airline’s chief Sheikh Ahmed bin Saeed Al Maktoum commended employees “for powering our collective ambitions and for achieving them, you deserve every dirham of the 20-week profit share.”
Emirates captains make an average of approximately $9,000 per month per data from Epic Flight Academy. Based on these figures, bonuses could be as much as $50,000 for some workgroups.
The airline added that it is continuing to hire pilots, flight attendants, and ground staff this year, including for its ground handling subsidiary Dnata. Last year, Emirates gave employees a similar bonus worth 24 weeks of salary.
