Category Archives: Emirates Airline

Emirates Group announces half-year performance for 2018-19

Emirates Airline Airbus A380-861 A6-EDD (msn 020) JFK (Fred Freketic). Image: 944350.

  • Group: Revenue up 10% to AED 54.4 billion (US$14.8 billion), and profit of AED 1.1 billion (US$296 million), down 53%. Results impacted by significant increase in fuel cost, unfavourable currency movements, and one-time transaction in dnata.
  • Emirates: Revenue up 10% to AED 48.9 billion (US$13.3 billion), and profit decline of 86% to AED 226 million (US$62 million). 30.1 million passengers carried, up 3%, on overall capacity expansion of 3%. Dubai’s attraction as a destination remains strong with the airline carrying 9% more customers to its hub city.
  • dnata: Revenue up 11% to AED 7.0 billion (US$1.9 billion), profit up 31% to AED 861 million (US$235 million) includes gain of AED 320 million from one-time transaction. Without this transaction, the profit recorded would be down 18% compared to last year. 350,052 aircraft handled, up 6%, 1.5 million tonnes of cargo handled, up 2%.

The Emirates Group has announced its half-year results for 2018-19. The Group saw steady revenue growth compared to the same period last year, however profits were impacted by the significant rise in oil prices, and unfavourable currency movements in certain markets, amidst other challenges for the airline and travel industry.

The Emirates Group revenue was AED 54.4 billion (US$ 14.8 billion) for the first six months of its 2018-19 financial year, up 10% from AED 49.4 billion (US$ 13.5 billion) during the same period last year.

Profitability was down 53% compared to the same period last year, with the Group reporting a 2018-19 half-year net profit of AED 1.1 billion (US$296 million). The profit erosion was primarily due to the significant increase in fuel prices of 37% compared to the same period last year, as well as the negative impact of currencies in certain markets.

The Group’s cash position on September 30, 2018 was at AED 21.5 billion (US$ 5.9 billion), compared to AED 25.4 billion (US$6.9 billion) as at 31st March 2018.

His Highness (HH) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group said: “Emirates and dnata grew steadily in the first half of 2018-19. Demand for our high quality products and services remained healthy, as we won new and return customers across our businesses and this is reflected in our revenue performance. However, the high fuel cost as well as currency devaluations in markets like India, Brazil, Angola and Iran, wiped approximately AED 4.6 billion from our profits.

“We are proactively managing the myriad challenges faced by the airline and travel industry, including the relentless downward pressure on yields, and uncertain economic and political realities in our region and in other parts of the world. We are keeping a tight rein on controllable costs and will continue to drive efficiency improvement through the implementation of new technology and business processes.

“The next six months will be tough, but the Emirates Group’s foundations remain strong. I’m pleased to note that our home and hub in Dubai continues to attract travel demand, as the airline saw 9% more customers enjoying Dubai as a destination in the first half of 2018-19 compared to the same period last year. We expect this demand to remain healthy as new attractions come online and the city gears up for Dubai Expo 2020. Moving forward we are firmly focussed on sustaining our business. We will do this by being agile to capitalise on opportunities, and investing to serve our customers even better with high quality products that they value.”

In the past six months, the Group’s employee base reduced by 1% compared to 31 March 2018, from an overall average staff count of 103,363 to 101,983. This was largely a result of natural attrition, together with a slower pace of recruitment as the business continues its various internal programmes to improve efficiency through the implementation of new technology and workflows.

Emirates Airline

During the first six months of 2018-19, Emirates received 8 wide-body aircraft – 3 Airbus A380s, and 5 Boeing 777s, with 5 more new aircraft scheduled to be delivered before the end of the financial year. It also retired 7 older aircraft from its fleet with further 4 to be returned by March 31, 2019. The airline’s long-standing strategy to invest in the most advanced wide-body aircraft enables it to improve overall efficiency and provide better customer experiences.

Emirates continues to offer ever better connections for its customers across the globe with just one stop in Dubai.

In the first six months of its financial year, Emirates launched new passenger services to Stansted (UK) and Santiago (Chile).  It also introduced a new linked service from Dubai via Bali to Auckland. As of 30 September, Emirates’ global network spanned 161 destinations in 85 countries. Its fleet stood at 269 aircraft including freighters.

Emirates further developed its partnership with flydubai, offering customers even more benefits as both airlines combined their loyalty programme under Emirates Skywards.  Customers also enjoy new flight choices as Emirates and flydubai continued to leverage their complementary networks to optimise flight schedules and offer new city-pair connections through Dubai, as well as open new routes including Kinshasa (Congo), Krakow (Poland), and Catania (Italy) in the first half of 2018-19.

Overall capacity during the first six months of the year increased a modest 3% to 31.8 billion Available Tonne Kilometres (ATKM). Capacity measured in Available Seat Kilometres (ASKM), grew by 4%, whilst passenger traffic carried measured in Revenue Passenger Kilometres (RPKM) was up 6% with average Passenger Seat Factor rising to 78.8%, compared with last year’s 77.2%.

Emirates carried 30.1 million passengers between 1 April and 30 September 2018, up 3% from the same period last year. The volume of cargo uplifted at 1.3 million tonnes is largely unchanged while yield improved by a healthy 11% .This performance is the result of Emirates SkyCargo’s focussed investments in products and services tailored to key sectors, which gives it a strong competitive edge in a recovering global air freight market.

In the first half of the 2018-19 financial year, Emirates net profit is AED 226 million (US$62 million), down 86%, compared to last year. Emirates revenue, including other operating income, of AED 48.9 billion (US$ 13.3 billion) was up 10% compared with the AED 44.5 billion (US$ 12.1 billion) recorded during the same period last year. This result was driven by increased agility in capacity deployment, and improved seat load factors despite fare increases reflect the healthy customer demand for Emirates’ products.

Emirates operating costs grew by 13% against the overall capacity increase of 3%. On average, fuel costs were 42% higher compared to the same period last year, this was largely due to an increase in oil prices (up 37% compared to same period last year), as well as an increase in fuel uplift of 4% due to Emirates’ expanding fleet operations. Fuel remained the largest component of the airline’s cost, accounting for 33% of operating costs compared with 26% in the first six months of last year.

Top Copyright Photo (all others by Emirates): Emirates Airline Airbus A380-861 A6-EDD (msn 020) JFK (Fred Freketic). Image: 944350.

Emirates aircraft slide show:

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Emirates to introduce the Boeing 777-300 First Class product on the Vienna route

Emirates Airline Boeing 777-31H ER A6-ENI (msn 41087) (Expo 2020 Dubai UAE) DPS (Pascal Simon). Image: 943557.

Emirates’ latest Boeing 777-300ER aircraft fitted with the ‘Game Changer’ First Class product will operate between Dubai and Vienna on a daily basis from December 1, 2018. Austria will be one of the first few countries in the world to be served by Emirates’ Boeing 777 aircraft with fully enclosed private suites inspired by Mercedes-Benz.

Emirates flies to Vienna twice daily and both flights will be operated by its flagship products – the iconic A380 and Game Changer Boeing 777 product – underscoring its commitment to the market since 2004. It also means customers travelling to or from Vienna can enjoy the latest Emirates products regardless of which of the two daily flights they opt for.

With floor-to-ceiling sliding doors and sleek design features, Emirates’ new private suites on the Boeing 777 takes luxury and privacy to the next level. Offering up to 40 square feet of personal space each, these spacious, fully-enclosed private suites are laid out in a 1-1-1 configuration.

The new suites were designed with customer comfort in mind as the seats recline into a fully flat bed and can be placed in a “zero-gravity” position inspired by NASA technology, giving a feeling of relaxation and weightlessness.

The aircraft also boasts the industry’s first virtual windows for suites located in the middle aisle. These virtual windows project the view from outside the aircraft using real time camera technology. In the other suites, binoculars are available for customers who want to explore the sky outside their windows. Customers in each suite can easily communicate with the cabin crew or request for room service through a new video call function.

From First Class through to the Business and Economy Class cabins, the latest Emirates 777 aircraft boasts multi-million dollar features that include newly-designed seats and upgraded inflight entertainment systems in all cabins, giving customers an unmatched travel experience regardless of which cabin they are in.

The Business Class seats are inspired by the interior of a modern sports car, and feature an ergonomically designed headrest with a sleek overall look and feel. It has touchscreen controls for the seat and inflight entertainment system, several personal lighting options, privacy panels between seats, a shoe stowage area, footrest, and a personal mini-bar.

The Economy Class cabin features a colour palette of soft greys and blues. The ergonomically designed seats come with full leather headrests that have flexible side panels and can also be adjusted vertically for optimum support.

Operating one of the two daily flights from Dubai to Vienna, travelers can enjoy the new Boeing 777 product on flight EK125 departing Dubai at 16:50 hrs, arriving in Vienna at 20:00 hrs. The return flight EK126 leaves Vienna at 21:55 hrs, arriving back at Dubai International Airport at 06:35 hrs the following day. The other daily rotation between Dubai and Vienna, EK127/EK128, is served by an Emirates Airbus A380.

Emirates’ products and services across cabin classes are continually improved and enhanced following feedback from customers. The airline pioneered the private suite concept on commercial flights in 2003, establishing a new standard for First Class travel.

Emirates is the largest operator of the Boeing 777 aircraft, one of the most popular and advanced wide-bodied aircraft in commercial operation today. The airline has 164 Boeing 777s in its fleet, and a further 151 on firm order, including 150 of the next generation Boeing 777x aircraft. Today, Emirates operates the Boeing 777 to more than 130 passenger and cargo destinations from its hub in Dubai.

Top Copyright Photo (all others by Emirates): Emirates Airline Boeing 777-31H ER A6-ENI (msn 41087) (Expo 2020 Dubai UAE) DPS (Pascal Simon). Image: 943557.

Emirates aircraft slide show:

Loganair and Emirates sign a major interline agreement

"Spirit of Benbecula"

Loganair has made this announcement:

Screen Shot 2018-10-09 at 7.54.53 AM

Loganair and Emirates have signed a major interline agreement which opens up the Dubai carrier’s global destination network to Loganair’s passengers.

The partnership enables customers from Scotland’s Highlands and Islands to travel via Glasgow and Edinburgh with their luggage on one ticket to Emirates network of 155 destinations in more than 80 countries around the world.

Passengers have the added advantages of being protected should their connecting flights be disrupted while also saving on an APD charge of £78.

The agreement will see some of Scotland’s smallest and most remote airports displayed on Emirate’s online booking system between many of the world’s biggest cities.

It is the latest addition to Loganair’s “Better Connected” programme, which provides the Scottish airline’s key destinations with a wide range of easy to access international connections.

Carriers including Turkish Airlines, Air France, Dutch giants KLM, Emirates and Thomas Cook Airlines have already signed up to the ‘Better Connected’ initiative.

Loganair passengers can now travel with these airlines on a through-ticket where flights connect at Glasgow, Aberdeen, Edinburgh, Inverness, Manchester and Norwich.

Top Copyright Photo (all others by Loganair): Loganair SAAB 340B G-LGNJ (msn 173) GLA (Robbie Shaw). Image: 940890.

Loganair aircraft slide show:

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Emirates to add a fourth daily flight to Riyadh

Emirates Airline Boeing 777-31H ER A6-ENI (msn 41087) (Expo 2020 Dubai UAE) LIS (Stefan Sjogren). Image: 942642.

Emirates will boost its services to Riyadh with the addition of a fourth daily flight to the Saudi capital from September 1, 2018. The addition of the fourth daily service will take the total number of weekly Emirates flights serving Riyadh to 28.

The fourth daily flight will be serviced by the Boeing 777-300ER (above) in a three class configuration.  Emirates flight EK813 will depart Dubai at 1500 hrs arriving in Riyadh at 1550 hrs. The return flight, EK814 will depart Riyadh at 1750 hrs and will arrive in Dubai at 2040 hrs.  The late afternoon departure offers an additional option for travellers, complementing the existing morning and evening flights.

All cabins on the Boeing 777-300ER flying to Riyadh are equipped with Emirates’ award-winning ice entertainment system with over 3,500 channels of entertainment to choose from, including movies, television programs, games, audio books and music from across the world, in addition to over 330 Arabic channels.

Emirates has been serving the Kingdom of Saudi Arabia since 1989, and also operates to Jeddah, Dammam and Medinah Al Munawarah. Emirates currently serves Saudi Arabia with 84 flights a week, increasing to 91 per week from September 1, 2018.

Top Copyright Photo (all others by Emirates): Emirates Airline Boeing 777-31H ER A6-ENI (msn 41087) (Expo 2020 Dubai UAE) LIS (Stefan Sjogren). Image: 942642.

Emirates aircraft slide show:

Emirates adds frequencies to the Netherlands

"Year of Zayed 2018"

Emirates today announced that due to strong market demand, it will introduce five additional flights per week from Dubai to Amsterdam. These additional flights will complement its existing double daily services, offer an earlier departure option from Amsterdam that is convenient for visitors to Dubai, and provide enhanced connectivity to destinations on Emirates’ global network.

Four additional weekly services will be started effective December 1, 2018 and the fifth will be added from  January 1, 2019, increasing frequency to the Dutch capital city to 19 weekly flights.

Outbound, flight EK145 will depart early morning from Dubai on Monday, Wednesday, Friday, Saturday and Sunday, and arrives at Amsterdam Airport Schiphol in time for breakfast, allowing customers to make the most of their day in the city*. The flight schedule is conveniently timed for passengers connecting from Emirates global route network to Amsterdam and will be popular for business travellers to the Netherlands from Johannesburg, Cape Town, Sydney and Bangalore as well as for Dutch leisure travellers returning to Amsterdam from Bangkok, Bali, Mauritius, Maldives and Sri Lanka.

The return service, EK146, will depart from Amsterdam on Monday, Wednesday, Friday, Saturday and Sunday late morning time, and arrives in the evening in Dubai*. This service adds more convenience to those visiting Dubai, and offers enhanced connectivity to Phuket and Johannesburg.

The new service will be operated by an Emirates Boeing 777-300ER in a three class cabin configuration, with eight private suites in First Class, 42 lie-flat seats in Business Class and 310 spacious seats in Economy Class. This complements the two existing services between Dubai and Amsterdam, flights EK147/EK148 and EK149/EK150, operated by an Airbus A380.

From a cargo perspective, the new 777 service will offer up to 20 tonnes of capacity per flight, with popular exports from Amsterdam expected to be flowers, pharmaceuticals and general cargo items. During the year 2017, Emirates SkyCargo uplifted over 90,000 tonnes of exports and imports from Amsterdam.

Passengers flying with Emirates can stop over in Dubai for a few days on their way to one of over 160 destinations. Dubai offers everything a visitor could want, from shopping at some of the largest malls in the region to dining options which will spoil anyone for choice. Visitors can also enjoy beaches, family-friendly hotels, theme parks, and even ski slopes at the Mall of the Emirates. Having become the fourth-most-visited city in the world, Dubai is known for its eclectic mix of offerings, from futuristic architecture to vibrant traditional culture.

Customers on Emirates flights can enjoy award winning service and hospitality from the airline’s multinational cabin crew, including Dutch nationals, an in-flight entertainment system with up to 3,500 channels and up to 20MB complimentary on-board Wi-Fi, LIVE TV, as well as regionally inspired meals on-board prepared by award-winning chefs. Families with young children are also well cared for with special services and products to ensure a comfortable and enjoyable flight experience, from free toys to kid’s meals, entertainment and priority boarding. First Class and Business Class customers can take advantage of a complimentary chauffeur driven car to and from both Dubai and Amsterdam airports.

Top Copyright Photo (all others by Emirates): Emirates Airline Boeing 777-300 ER A6-EQH (msn 42353) (Year of Zayed 2018) BRU (Ton Jochems). Image: 940966.

Emirates aircraft slide show:

Emirates expands its network in Italy, signs codeshare agreement with Trenitalia

Emirates and Trenitalia, Italy’s national railway company, today announced a new codeshare agreement which will enable Emirates customers from across its worldwide network to discover new destinations across Italy.

With just one easy-to-book ticket, travellers will be able to fly on Emirates and reach some of Italy’s most picturesque cities and towns using high speed, modern and comfortable trains that leave from Emirates’ four Italian gateways – Bologna, Milan, Rome and Venice.

“This codeshare agreement with Trenitalia opens up new possibilities for our customers and complements our current services to Bologna, Milan, Rome and Venice. With Trenitalia, travelling to the Far East from Foggia, or to Padova from Sydney has never been easier,” said Hubert Frach, Emirates’ Divisional Senior Vice President, Commercial Operations, West.

“Emirates already flies more than 1.6 million passengers to and from Italy every year. With this codeshare agreement, we’re connecting Italian regions to our global network, significantly boosting the Italian tourism industry,” added Mr Frach.

“The agreement signed by Trenitalia and Emirates is a pivotal step towards the increase of effective and comfortable integration between train and airplane,” said Gianpiero Strisciuglio, Director of Trenitalia Long Haul Passenger Division. “Our customers will now be able to buy one single solution for their train and flight journey, departing and arriving from 27 Italian stations and enjoying the comforts and the best commercial facilities offered by Trenitalia and Emirates,” he added.

Customers can now start booking their codeshare trips via Emirates’ website and travel onwards to these destination and benefit from the convenience of holding a single ticket. First Class and Business Class passengers will automatically be booked in First Class on board Trenitalia’s trains.

Train stations included as part of the Emirates -Trenitalia partnership:

Boarding

Emirates customers will be able to board Trenitalia trains directly without the need to exchange their boarding pass for a separate ticket. As with their flight, they will be assigned a seat number and car number which will be on their e-ticket.

Class of travel

Trenitalia tickets will be booked in the cabin class that matches the class of travel on the Emirates ticket. Depending on the type of train, these cabin classes on Trenitalia range from Executive, Business, Premium and Standard. Passengers travelling in Emirates First Class and Trenitalia Executive Class will also be able to access, where available, the lounges of each partner by presenting their boarding passes.

Baggage

Emirates’ baggage allowance will also apply for train journeys, as well as baggage dimension restrictions. Customers will need to collect their checked bags from the arrival hall at the airport and take them to the train station.

Emirates in Italy

Over the last 25 years, the links between Italy and Emirates have become stronger and stronger. With eight daily flights to four gateways: Bologna, Milan, Rome and Venice, Emirates has become an important contributor to Italian trade and tourism. The airline has also been a proud sponsor of AC Milan since 2010 as well as a main sponsor of the Internazionali BNL d’Italia tennis tournament.

Photos: Emirates.