The anticipation of deteriorating aviation demand due to COVID-19 has renewed speculation about the potential merger of Emirates Airline and Etihad Airways. To the majority of industry watchers, the joining of the profitable Emirates and the loss-making Etihad is a sensible next step for the UAE’s aviation sector. Conjecture about the flag carriers’ merger is also understandable as analysts seek to identify quick gains for aviation in the post-coronavirus … [Read more...] about Renewed Emirates-Etihad merger speculation is premature, says GlobalData
Emirates Airline
AF-KLM to launch new airline to compete with Gulf carriers
Air France-KLM has announced a new 'Trust Together' nine-point strategy to "return to a leadership position in our markets," which includes a new Air France airline called 'Boost', aimed at long-haul markets, according to chairman and CEO Jean-Marc Janaillac To be launched in the winter of 2017 and based at Paris CDG, it will have a fleet of 10 long-haul aircraft by 2020 with a specific focus to compete with Gulf airlines that are expanding into "key markets where Air France-KLM is pursuing … [Read more...] about AF-KLM to launch new airline to compete with Gulf carriers
Emirates marches on with $9B in new orders
Dubai's Emirates Airline has placed an order with Boeing for an additional 30 777-300ER aircraft, worth approximately US$9.1 billion at list prices. The new order adds to the fleet of 71 777-300ERs previously ordered, of which 53 aircraft are currently in service. The 777-300ER offers an additional cargo payload of 20.1 tonnes. The order adds to an already substantial order book that is set to soon place Emirates as the largest airline in the world by fleet size. In addition to the order placed … [Read more...] about Emirates marches on with $9B in new orders
Emirates daily to Prague with belly capacity
In early July Emirates kicked off its daily non-stop passenger service to Prague, Czech Republic using an A330-200 aircraft with 16 tonnes of available belly capacity. Trade between the Czech Republic and the UAE has leapt from under US$26 million in 1993 to US$678 million in 2008, according to the Czech Foreign Ministry. Nearly 30 per cent of exports to the UAE are glass products including Czech-made Bohemian glass, which can be seen in chandeliers and other decorative features in hotels across … [Read more...] about Emirates daily to Prague with belly capacity
Emirates posts 1H net profit of US$200M
Emirates posts 1H net profit of US$200M Emirates airline produced a net profit of Dhs 752 million (US$205 million), for the first six months of its current financial year ending 30 September 2009. This represents a 165 per cent improvement compared to Dhs 284 million (US$77 million) net profits for the same period in 2008. During this period Emirates SkyCargo carried 700,000 tonnes of cargo, which it said was “in line with last yearâ€Â. Emirates carried a total of 13 million … [Read more...] about Emirates posts 1H net profit of US$200M
Emirates Airline
Emirates Airline denied charges by Australian competition regulators that it agreed with other airlines to fix prices on international air cargo. Te Dubai-based airline said it denies the allegations and plans to defend itself in a court hearing next month. Emirates said it does not intend to make any further comments because of the ongoing legal proceedings. The Australian Competition and Consumer Commission alleges Emirates worked with carriers in Singapore, Indonesia, Hong Kong, the United … [Read more...] about Emirates Airline
