Emirates Group reports record cash balance and strong growth in FY22-23, driven by global demand and expansion plans
Emirates Group, the largest aviation player in the UAE, reported a record-high cash balance of USD 11.6 billion for the financial year ended 31 March 2023, up 65% from the previous year. The significant increase in cash balance was attributed to strong demand across its core business divisions and markets, particularly as almost all pandemic-related […]