The Emirates Group, a prominent multinational aviation holding firm with headquarters in Dubai, recently reported its best-ever yearly performance, with $3 billion in earnings.

The announcement follows the publishing on Thursday of Emirates Group’s 2022–23 Annual Report, which showed that the business had recovered from its loss position from the previous year.

Strong consumer demand as nations started to relax travel restrictions in 2022 was a major factor in the group’s 81% revenue gain to $32.6 billion (AED 119.8 billion).