An Emirates-commissioned study of the airline's contribution to Europe finds it has contributed 6.8 billion ($10 billion) of the EU's gross domestic product and spends 175 million on sponsorships across 15 countries.
Rival airlines accuse Emirates and other gulf carriers of receiving state subsidies that give them a substantial advantage, a charge they deny.
European consultancy Frontier Economics did the socio-economic impact study which found the 220 unique connections the airline offered supported 85,100 jobs across the European Union in 2013-14.
Emirates is also the biggest buyer of A380s from the European conglomerate Airbus, and deliveries for the same period supported 41,000 jobs, equivalent to 3.4 billion of GDP.
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Dan Elliott, founder and director of Frontier Economics, said some of Emirates' competitors had accused the airline of having a negative impact on Europe.
"Analysis paints a different picture. Our research shows that the direct, indirect and induced impact of Emirates' operations and the development of connectivity to secondary cities in particular, makes a substantial contribution to EU GDP."
Emirates operates 350 flights a week to 37 European destinations.
Sponsorship has included the 2014 Commonwealth Games, football in Britain, Italy, Germany, Greece, Spain and France and tennis and golf tournaments.