Emirates Secures Fuel Supply Until 2028-29, Ensuring Stability Amid Geopolitical Risks

May 7, 2026

71 min

May 7, 2026 06:30

Emirates expects stability as fuel secured until 2028-29: Sheikh Ahmed

## Fuel Strategy and Stability

Emirates Airline has secured its fuel supply until the 2028-29 period, providing a stable outlook for its operations despite ongoing geopolitical uncertainties. Sheikh Ahmed bin Saeed Al Maktoum, the airline's Chairman and CEO, emphasized that fuel hedging and strong cash reserves will support the company's growth plans.

## Geopolitical Concerns

While military tensions involving the US, Israel, and Iran have temporarily eased, Sheikh Ahmed remains cautious about potential disruptions. He expressed hope for a peaceful resolution to these conflicts, which have previously impacted the global aviation industry.

## Financial Performance

The Emirates Group reported a record profit before tax of Dh 24.4 billion for the financial year ending March 31, 2026, marking a 7% increase from the previous year. Revenue reached Dh150.5 billion, with cash assets growing by 12% to Dh59.6 billion.

## Operational Resilience

The Group's diversified business model, including its aviation services arm dnata, helps it manage short-term disruptions. Sheikh Ahmed highlighted the importance of maintaining resilience and agility in the face of challenges.

## Investment Plans

Emirates plans to continue investing in aircraft deliveries, retrofit programs, and infrastructure expansion. The Group's strong cash reserves allow it to pursue these investments without resorting to drastic cost-cutting measures.

## Future Outlook

Despite uncertainties, Emirates remains committed to its strategic goals. The airline will continue to focus on product development, customer experience, and talent acquisition while monitoring geopolitical and market conditions.

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