Emirates is a Dubai-based, state-owned airline founded in 1985 as a subsidiary of The Emirates Group. It is the largest Middle Eastern airline with its hub at Dubai International Airport with an estimate of 103.5 billion passengers in 2020, making it the world’s busiest airport.
Travel hub Dubai
Dubai is a popular travel destination amongst international tourists. The year 2017 saw about 20.7 million international travelers arriving in the United Arab Emirates. Furthermore, the number of passengers transported by Emirates grossed over 58 million people in 2018.
The Emirates Group, founded by Ahmed bin Saeed Al Maktoum, in itself is a subsidiary owned by the Investment Corporation of Dubai of the United Arab Emirates government with headquarters in Garhoud, Dubai. The group owns several subsidiaries primarily providing services in aviation, air services, travel, hospitality, retail and education. In financial year 2018, the largest share of revenue amounting to 29 percent was earned from activities carried out in Europe.