Tag Archives: Expo 2020 Dubai UAE

Emirates to operate scheduled Airbus A380 service to Amman

Emirates Airline Airbus A380-861 A6-EOJ (msn 182) (Expo 2020 Dubai UAE) FRA (Marcelo F. De Biasi). Image: 945323.

Emirates will operate its Airbus A380 aircraft to and from Amman between June 1 and October 26, 2019, in response to increased demand for travel during the summer period. This adjustment will see the airline operate one of its three daily flights on the route (EK 903/904) with its flagship A380. This will be the first time that Emirates will operate a scheduled A380 service to Amman, following the historic one-off A380 flight operated in September 2016.

From  June 1 to October 26, 2019, A380 flight EK 903 will depart Dubai at 1400 hrs and arrive in Amman at 1555 hrs, while the return A380 flight, EK 904 will leave Amman at 1800 hrs, arriving in Dubai at 2200 hrs.

The Emirates A380 flying to Amman will be set in a three-class configuration, with 427 generously pitched seats in Economy Class on the lower deck, 76 flat-bed seats in Business Class and 14 First Class Private Suites on the upper deck.  Once the A380 reaches cruising altitude, passengers in the First Class cabin can enjoy the on-board Shower Spas and First and Business class customers can socialise in the On Board Lounge where they can mingle, network and enjoy complimentary beverages, canapés and other special delicacies at 40,000 feet.

Emirates has been flying to Jordan for 33 years, and has carried over 5.5 million passengers to and from Amman. Emirates has developed its operations in Jordan, providing more connectivity for its customers and boosting its services to the country, and today operates three daily flights between Amman and Dubai utilizing the Boeing 777.

During the financial year 2019/20, Emirates will take delivery of six new Airbus A380 aircraft. Emirates currently has 109 A380s in service and 53 pending delivery, more than any other airline globally. More than 116 million passengers have travelled on the Emirates A380 since it was first launched in 2008.

In order to meet increased seasonal passenger demand Emirates will be also be introducing its Airbus A380 aircraft to Boston in the United States and Glasgow in the UK.

In other news, Emirates has released this statement about its relationship with flydubai:

The strategic partnership between Dubai’s two airlines, Emirates and flydubai, continues to open up the world for travellers since its launch 14 months ago, and is set to grow even further in 2019 with new codeshare destinations to be added.

The partnership, which came into effect at the end of October 2017, has since delivered a number of benefits to both airlines’ customers, such as offering greater global connectivity through more destination choices, flexibility with flight options when planning trips, one integrated loyalty programme, and the convenience of travelling on a single ticket with seamless point to point baggage handling.

Between January and December 2018, the two airlines have jointly carried 3.29 million customers on codeshare flights across 84 destinations, which include popular tourism and adventure destinations such as Bucharest, Kathmandu and Zanzibar, amongst many others. Through the codeshare partnership, Emirates customers can access 67 additional destinations through flydubai’s network, while flydubai customers have 115 additional destinations they can travel to on Emirates network.

Expanding global connectivity

The partnership started with codeshare flights to just 29 cities, and has since expanded to 84, including new flydubai destinations such as Catania, Krakow, Dubrovnik and Helsinki.

During 2019 the network of codeshare flights will be further expanded, with the launch of new flydubai destinations Naples and Budapest, as well as several others that will be announced in due course. flydubai flights to Chittagong will also restart from January 20, 2019, while flights to Kozhikode, Kerala, will start from February 1, 2019.

Delivering better connections

Since December 2 last year, 11 flydubai flights started to operate from Terminal 3 at Dubai International Airport to help improve the connections between Emirates and flydubai. These are Belgrade, Bishkek, Bucharest, Catania, Helsinki, Krakow, Mineralnye Vody, Prague, Rostov-on-Don, Salalah and Zagreb. During this year, more flights, including Naples and Budapest, will be departing from Terminal 3, further improving the connection experience for customers.

This move has enabled customers booked to travel to these destinations to check-in at the Emirates Business Class and Economy Class desks in the departures area of Terminal 3. Business Class passengers are also able to use fast track on the ground and enjoy other Business Class services, whilst transiting passengers have a smooth and quick transit time.

One loyalty program

To provide customers with an easy way to accrue and redeem air miles, flydubai adopted Emirates Skywards as its program in August last year. The alignment of the loyalty programme allows Emirates Skywards members to earn Skywards Miles and Tier Miles and enjoy shared travel benefits when flying across the combined networks.

Since August 2018, over 125,000 Skywards members have flown and earned almost 300 million Skywards Miles on flydubai. Skywards members have also been active in using their Miles to partially or fully pay for over 10,000 flydubai tickets.

Members earn the same currency with both airlines, so they can reach rewards faster and more easily rise through the tiers of the programme. Members enjoy even more privileges as they move through the membership tiers – they earn bonus Miles, can use Business Class check-in desks when flying Economy Class, and enjoy extra baggage plus priority baggage delivery.

Currently, the combined networks of Emirates and flydubai is 216, which by 2022, is expected to reach 240 destinations, offering customers across the world far reaching global connectivity via Dubai.

Top Copyright Photo (all others by the airline): Emirates Airline Airbus A380-861 A6-EOJ (msn 182) (Expo 2020 Dubai UAE) FRA (Marcelo F. De Biasi). Image: 945323.

Emirates aircraft slide show:

x

Emirates adds additional Airbus A380 service between Johannesburg and Dubai

Emirates Airline Airbus A380-861 A6-EUB (msn 213) (Expo 2020 Dubai UAE) (Paris Saint-Germain) ZRH (Andi Hiltl). Image: 944670.

Emirates introduced an additional Airbus A380 service to Johannesburg (O.R. Tambo International Airport), effective December 1, 2018, replacing the previous Boeing 777 aircraft on the route. EK762 (JNB-DXB) and EK761 (DXB-JNB) are now served by the flagship A380 aircraft.

This change in aircraft supports growing demand in South Africa, a 14% increase in seat capacity will be as a direct result of deployment of the second A380 to Johannesburg. The Emirates Airbus A380 aircraft serving the Dubai-Johannesburg route will offer a total of 519 seats in a three-class configuration, with 429 spacious seats in Economy Class, 76 fully flat-bed seats in Business Class and 14 First Class Private Suites.

Upcoming festive season travel between the two global transit hubs is expected to be especially strong, building on over 700,000 customers who flew with the airline before November. With Emirates, customers from Johannesburg can enjoy a seamless A380 experience to their most popular destinations via Dubai, including London, Moscow, New York and Bangkok. All four daily Emirates flights between Johannesburg and Dubai operate as codeshare flights with partner South African Airways.

Emirates operates the world’s largest fleet of Airbus A380s, with 107 of the aircraft currently in service and 55 pending delivery in this, the tenth year of Emirates’ A380 operations. The deployment of the double-decker aircraft on routes to and from South Africa gives even more regional travellers the chance to experience the aircraft’s industry-leading comforts. These include private suites and Shower Spas in its First Class cabin, while Business Class customers can enjoy the popular onboard lounge and lie-flat beds.

Top Copyright Photo (all others by Emirates): Emirates Airline Airbus A380-861 A6-EUB (msn 213) (Expo 2020 Dubai UAE) (Paris Saint-Germain) ZRH (Andi Hiltl). Image: 944670.

Emirates aircraft slide show:

x

 

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:

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 announces a yearly profit of $1.1 billion

Emirates' 2018 "Expo 2020 Dubai UAE"

Emirates Group made this announcement on its financial performance for the past fiscal year:

The Emirates Group on May 9, 2018 announced its 30th consecutive year of profit and steady business expansion.

Released today in its 2017-18 Annual Report, the Emirates Group posted a profit of AED 4.1 billion (US$1.1 billion) for the financial year ended March 31, 2018, up 67% from last year. The Group’s revenue reached AED 102.4 billion (US$27.9.billion), an increase of 8% over last year’s results, and the Group’s cash balance increased by 33% to AED 25.4 billion (US$6.9 billion) supported by the bond issued in March and strong sales due to the early Easter holidays at the end of March.

In line with the overall profit, the Group declared a dividend of AED 2.0 billion (US$ 545 million) to the Investment Corporation of Dubai.

His Highness (H.H.) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said: “Business conditions in 2017-18, while improved, remained tough. We saw ongoing political instability, currency volatility and devaluations in Africa, rising oil prices which drove our costs up, and downward pressure on margins from relentless competition. On the positive side, we benefitted from a healthy recovery in the global air cargo industry, as well as the relative strengthening of key currencies against the US dollar.

“We’ve always responded to the challenges of each business cycle with agility, while never losing sight of the future, and this year was no exception. In 2017-18, Emirates and dnata delivered our 30th consecutive year of profit, recorded growth across the business, and continued to invest in initiatives and infrastructure that will secure our future success.”

In 2017-18, the Group collectively invested AED 9.0 billion (US$2.5 billion) in new aircraft and equipment, the acquisition of companies, modern facilities, the latest technologies, and staff initiatives.

Emirates announced two significant commitments for new aircraft during the year: a US$15.1 billion agreement for 40 Boeing 787-10 Dreamliners which will be delivered from 2022, and a US$16 billion agreement for 36 additional Airbus A380 aircraft, including 16 options.

DNATA’s key investments during the year included: acquisition of AirLogistix USA, marking its entry in the US cargo market; expansion of cargo handling capabilities with new warehouses and equipment at London Gatwick, Amsterdam-Schiphol, and Adelaide; new catering facilities in Dublin and Melbourne; and new marhaba lounges in Karachi and Melbourne.

Sheikh Ahmed said: “While expanding our business and growing revenues, we also tightened our cost discipline. Across the Group, we progressed various initiatives to rebuild and streamline our back office operations with new technology, systems and processes. In 2017-18, our reduced recruitment activity, coupled with restructured ways of working gave us gains in productivity, and a slowdown in manpower cost increases.”

Across its more than 80 subsidiaries, the Group’s total workforce declined by 2% to 103,363, representing over 160 different nationalities, as part of the overall productivity improvement initiatives in Emirates and dnata.

Sheikh Ahmed concluded: “Looking ahead, Emirates and dnata remain focussed on delivering safe, efficient and high quality services consistently to our customers. Our ongoing investments in our people, technology, and infrastructure will help us maintain our competitive edge, and ensure that we are ready to meet the opportunities and stay on course for sustainable and profitable growth.”

Emirates performance

Emirates’ total passenger and cargo capacity crossed the 61 billion mark, to 61.4 billion ATKMs at the end of 2017-18, cementing its position as the world’s largest international carrier. The airline moderately increased capacity during the year over 2016-17 by 2%, with a focus on yield improvement.

Emirates received 17 new aircraft, after last year’s record number during a financial year, comprising of eight A380s and nine Boeing 777-300ERs. At the same time, eight older aircraft were phased out, bringing its total fleet count to 268 at the end of March. This fleet roll-over involving 25 aircraft was again one of the largest managed in a year, keeping Emirates’ average fleet age at a youthful 5.7 years.

It underscores Emirates’ strategy to operate a young and modern fleet which is better for the environment, better for operations, and better for customers. The airline remains the world’s largest operator of the Boeing 777 and A380 – both aircraft being amongst the most modern and efficient wide-bodied jets in the sky today.

During the year, Emirates launched two new passenger destinations: Phnom Penh (Cambodia) and Zagreb (Croatia). It also added flight capacity to 15 existing destinations, offering customers more choice of flight timings and onward connections.

Emirates also grew its global connectivity and customer proposition through strategic partnerships. During 2017-18, Emirates entered into significant partnerships with flydubai and Cargolux, expanding the choice of air services on offer to passenger and cargo customers respectively. Emirates also received authorisation to extend its partnership with Qantas until 2023.

In spite of political challenges impacting traveller demand and fare adjustments due to a highly competitive business environment, Emirates managed to increase its revenue to AED 92.3 billion (US$ 25.2 billion). The decline of the US dollar against currencies in most of Emirates’ key markets for the first time in a number of years had an AED 661 million (US$ 180 million) positive impact to the airline’s bottom line.

Total operating costs increased by 7% over the 2016-17 financial year. The average price of jet fuel increased sharply by 15% during the financial year. Including a 3% higher uplift in line with capacity increase, the airline’s fuel billincreased substantially by 18% over last year to AED 24.7 billion (US$ 6.7 billion). Fuel is now 28% of operating costs, compared to 25% in 2016-17, and it remained the biggest cost component for the airline.

The airline successfully managed strong competitive pressure across all markets and increased its profit to AED 2.8 billion (US$ 762 million), an increase of 124% over last year’s results, and a profit margin of 3.0%.

Overall passenger traffic growth continues to demonstrate the consumer desire to fly on Emirates’ state-of-the-art aircraft, and via efficient routings through its Dubai hub.

Emirates carried a record 58.5 million passengers (up 4%), and achieved a Passenger Seat Factor of 77.5%. The increase in passenger seat factor compared to last year’s 75.1%, is a result of successful capacity management in response to political uncertainty and strong competition in many markets despite a moderate 2% increase in seat capacity.

Supported by the weakening of the USD against most currencies, passenger yield increased to 25.3 fils (6.9 US cents) per Revenue Passenger Kilometre (RPKM).

To fund its fleet growth during the year with high ongoing new aircraft deliveries, Emirates raised AED 17.9 billion (US$4.9 billion), using a variety of financing structures, including the successful execution of a US$ 600 million sukuk in March to fund the acquisition of two A380 aircraft to be delivered in 2018.

Emirates continues to tap the Japanese structured finance market in conjunction with debt from a wide-ranging group of institutions in China, France, the United Kingdom, and Japan. The company raised in excess of AED 3.7 billion (US$ 1 billion) during the year from this source. Emirates has also refinanced a commercial bridge facility (due to non-availability of ECA cover) of AED 3.8 billion (US$ 1.0 billion) via an innovative finance lease structure for five A380-800 aircraft, accessing an institutional investor and bank market base from Korea, Germany, the United Kingdom and the Middle East.

These deals align with Emirates’ financing strategy and demonstrates its ability to unlock diverse financing sources through access to global liquidity. It also underscores its sound financials and the strong investor confidence in the airline’s business model.

Emirates closed the financial year with a healthy and increased level of AED 20.4 billion (US$ 5.6 billion) of cash assets.

Revenue generated from across Emirates’ six regions continues to be well balanced, with no region contributing more than 30% of overall revenues. Europe was the highest revenue contributing region with AED 26.7 billion (US$ 7.3 billion), up 12% from 2016-17. East Asia and Australasia follows closely with AED 25.4 billion (US$ 6.9 billion), up 12%. The Americas region recorded revenue growth at AED 13.4 billion (US$ 3.7 billion), up 7%. Gulf and Middle East revenue decreased by 2% to AED 8.5 billion (US$ 2.3 billion) whereas revenue for Africa increased by 8% to AED 9.4 billion (US$ 2.6 billion). West Asia and Indian Ocean revenue increased by 5% to AED 7.8 billion (US$ 2.1 billion).

Through the year, Emirates introduced product and service improvements on board and on the ground.

Key highlights include: the launch of fully-enclosed suites in First Class together with refreshed Business Class and Economy Class cabins on the 777-300ER aircraft; new, wider Business Class seats arranged in a 2-2-2 layout on the 777-200LR aircraft; and a refreshed version of the popular Onboard Lounge on the Emirates A380.

On the ground, Emirates added a new dedicated lounge in Boston for its premium passengers and frequent flyers; refurbished existing lounges in Singapore and Bangkok, and completed a US$ 11 million makeover of its lounges in Dubai airport Concourse B.

Emirates also invested in new channels and technology to offer even better and more personalised customer experiences online, on mobile, as well as via its retail and contact centres.

For 2018-19, Emirates has announced new routes to London Stansted in the UK, Santiago in Chile, Edinburgh in Scotland, and an additional flight between Dubai and Auckland via Bali, aside from capacity upgrades to existing destinations.

Emirates SkyCargo recorded a strong performance in a resurgent market, and continues to play an integral role in the company’s expanding operations, contributing 14% of the airline’s total transport revenue.

In an airfreight market with fast-changing demand patterns, Emirates’ cargo division reported a revenue of AED 12.4 billion (US$ 3.4 billion), an impressive increase of 17% over last year, while tonnage carried slightly increased by 2% to reach 2.6 million tonnes.

This year, freight yield per Freight Tonne Kilometre (FTKM) increased by 14%, reflecting a very positive market environment for the industry, and the weakening of the USD against major currencies.

Emirates’ SkyCargo’s total freighter fleet stood at 13 Boeing 777Fs. In addition to belly-hold capacity to Emirates’ new passenger destinations, Emirates SkyCargo launched new freighter services to Maastricht (Netherlands), Luxembourg, and Aguadilla (Puerto Rico).

Emirates SkyCargo continued to develop innovative, bespoke products tailored to key industry sectors. In November, it signed an MoU with Dubai CommerCity to develop new solutions for the e-commerce sector using Dubai as a hub.

During the year, Emirates SkyCargo launched Emirates Fresh for perishable commodities such as fresh cut flowers, fruits and vegetables. For temperature-sensitive Pharma products, Emirates SkyCargo rolled out a pharma corridors programme to offer enhanced origin-to-destination protection, and it also partnered with DuPont to introduce White Cover Xtreme, a next generation thermal blanket to protect sensitive cargo.

Emirates’ hotels recorded revenue of AED 746 million (US$ 203 million), a moderate increase of 1% over last year in a highly competitive market mainly in the UAE.

DNATA performance

In its 59 years of operation, 2017-18 has been dnata’s most profitable year, crossing AED 1.3 billion (US$ 359 million) profit for the first time. Building on its strong results in the previous year, dnata’s revenue grew to AED 13.1 billion (US$ 3.6 billion), up 7%. dnata’s international business now accounts for 68% of its revenue.

The strong performance was achieved through organic growth with key contract wins coupled with solid customer retention across its four business divisions, as well as the impact of acquisitions from previous year.

dnata continued to lay the foundations for future growth by investing AED 600 million in new facilities and equipment, acquisitions, leading-edge technologies and people development.

One of its key initiatives in 2017-18 was to embark on the journey to implement a new Enterprise Resource Planning (ERP) solution that will transform its business support functions, and provide real time information to enable better decision making, governance, efficiency and scalability for continued growth and expansion.

In 2017-18, dnata’s operating costs increased accordingly by 8% to AED 11.9 billion (US$ 3.2 billion), reflecting the impact of organic growth across all lines of business coupled with integrating the newly acquired companies mainly across its international airport operations.

dnata’s cash balance reached AED 4.9 billion (US$ 1.3 billion), a new record high. The business delivered an AED 1.9 billion (US$ 506 million) cash flow from operating activities in 2017-18, which is also a new record in line with the enhanced cash balance.

Revenue from DNATA’s UAE Airport Operations, including ground and cargo handling increased by 4% to reach AED 3.2 billion (US$ 859 million).

The number of aircraft movements handled by dnata in the UAE declined by 2% to 211,000 impacted by the geopolitical situation in the region, whereas Cargo handling increased by 2% to 731,000 tons, supported by the strong overall air cargo market.

In addition to the steady delivery of initiatives started in 2014 to optimise its operations, covering facility improvements, process changes, infrastructure upgrades and IT development, dnata also successfully tested the use of blockchain technology to further streamline and simplify its cargo delivery processes from origin to final destination.

DNATA’s International Airport Operations division grew revenue by 14% to AED 3.8 billion (US$1.0 billion), on account of increasing business volumes, opening of new locations and winning new contracts.

International airport operations continue to represent the largest business segment in dnata by revenue contribution. The number of aircraft handled by the division further increased substantially by 10% to 449,000, and Cargo noted a substantial growth of 10% to 2.4 million tonnes of handled goods.

DNATA continued to win over customers with its high quality standards, inking over 90 contracts with new and existing customers during the year.

During the year, dnata made significant investments which expanded its capability and global presence. In May, DNATA entered the US cargo market with its acquisition of AirLogistix USA. The investment includes state-of-the-art cargo handling facilities in Houston and Dallas Fort-Worth. dnata also expanded its cargo handling capabilities at Gatwick, opened an additional cargo warehouse in Schiphol, and a new airside cargo facility in Adelaide.

In the US, it received a new licence to provide ground handling services at John F. Kennedy International Airport’s (JFK) Terminal 4; and it commenced operations at JFK’s Terminal 8. In Singapore, dnata began operations at Singapore Changi Airport’s new Terminal 4; and opened a new maintenance base for ground service equipment.

DNATA’s Catering business accounted for AED 2.1 billion (US$ 585 million) of its total revenue, up 7%. The inflight catering business uplifted more than 55 million meals to airline customers.

During the year, dnata opened a state-of-the-art catering hub at Melbourne airport, the largest such facility in the southern hemisphere, and a second catering facility in Ireland at Dublin airport. It also entered the Canadian market when it was awarded a licence to provide flight catering services to airlines departing Vancouver International Airport, and has commenced plans to build a dedicated catering facility there.

DNATA strengthened its presence in the North American market with the acquisition of 121 in-flight catering, a New York-based in-flight and VIP caterer in March. This is pending approval from the Committee of Foreign Investments in the United States (CFIUS). In April 2018, dnata announced the acquisition of Qantas’ catering business, subject to the approval of the Australian Competition and Consumer Commission.

Revenue from DNATA’s Travel Services division has seen a turnaround after last year’s decline with an increase of 8% to AED 3.4 billion (US$ 922 million). The underlying total transaction value (TTV) of travel services sold increased by 6% to AED 11.3 billion (US$ 3.1 billion).

This solid performance was supported by dnata’s ability to tap on the upswing in both inbound and outbound tourism demand in the Middle East, and a healthy increase in long-haul travel and cruise bookings in Europe and Australia.

In 2017-18, dnata completed its acquisition of a stake in Destination Asia, a leading destination management company with operations across 11 Asian countries, making its entry into South East Asia’s inbound travel market. Its UK-based Imagine Cruising business, completed a successful first year of trading in Australia, and acquired Holiday Planet, a leading travel company in Perth to boost growth in this market.

During the year, dnata invested in technology to provide enhanced functionality and a better service experience for its partners and customers. This included the creation of two travel reservation systems for Emirates Holidays and dnata Travel’s B2B business, to replace existing ones.

Copyright Photo: Emirates Airline Airbus A380-861 A6-EEW (msn 153) (Expo 2020 Dubai UAE) LHR (SPA). Image: 941810.

Emirates aircraft slide show:

Emirates to upgrade the Dallas/Fort Worth route to the Airbus A380 on October 1

Emirates (Dubai) has announced it will bring its Airbus A380 to Dallas/Fort Worth International Airport (DFW), launching the first scheduled A380 service at the airport.

On October 1, 2014, the world’s largest passenger aircraft will touch down at DFW with a daily service between Dallas/Fort Worth, the world’s fourth busiest airport, and the city of Dubai in the United Arab Emirates. Dallas/Fort Worth will become the 28th international destination to which Emirates operates the aircraft, joining New York (JFK) and Los Angeles which are already served by the A380.

Emirates started flying to Dallas/Fort Worth in 2012 with a Boeing 777-200 LR, the first passenger carrier to fly nonstop to the Middle East from DFW. The introduction of the 489-seat A380, powered by U.S.-made GE GP7200 engines, is a direct response to demand with over 370,000 Emirates’ passengers travelling between Dallas and Dubai to date.

DFW Airport is making its final preparations for the arrival of the Emirates A380 with the construction of a second level jet bridge in Terminal D and modifications to the airfield, ramps and taxiways. Terminal D opened in 2005 with A380 capabilities already built into its design, so the final additions to make DFW ready for the A380 are relatively minor.

Emirates’ A380 is a wide-bodied double decker aircraft with a capacity of 489 passengers including 14 First Class Private Suites, 76 lie-flat beds in Business Class and 399 spacious seats in Economy Class.

Powered by GP7200 engines which burn up to twenty percent less fuel per seat than its nearest competitor, Emirates’ A380s have lower carbon dioxide emissions and thirty percent better fuel efficiency than the ICAO global fleet average. This is the most significant advancement in reducing fuel consumption and emissions in four decades. Emirates also stands apart from the rest as the average age of the fleet is less than half that of many European airlines. Emirates is the largest operator of the A380 and continues to work closely with Airbus to further reduce weight of future A380s by using a range of lightweight materials that account for twenty five percent of its structure.

The Emirates A380 service will operate daily as EK 222, departing Dallas/Fort Worth at 12:35 and arriving in Dubai at 12:20 the following day. EK 221 departs Dubai at 02:45 and arrives at Dallas/Fort Worth International Airport at 09:45 the same day.

Copyright Photo: Airbus A380-861 A6-EEO (msn 136) taxies from the gate at Los Angeles International Airport.

Emirates: AG Slide Show

Emirates orders 50 additional Airbus A380s

Emirates Airline (Dubai) has placed an additional order for 50 Airbus A380 aircraft. The order was signed at a ceremony at the 2013 Dubai Airshow witnessed by His Highness Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive Emirates Airline and Group and Fabrice Brégier, Airbus President and CEO.

Following delivery of their first A380 in July 2008, Emirates has now taken delivery of 39 A380s. Their 39th A380 is on Airbus’ static display at the 2013 Dubai Airshow. All Emirates’ A380s are powered by Engine Alliance GP7200 engines.

Since first entering service in 2007, the A380 has joined the fleets of ten world class carriers. The aircraft flies 8,500 nautical miles or 15,700 kilometres non-stop, carrying more people at lower cost and with less impact on the environment. The spacious, quiet cabin and smooth ride have made the A380 a firm favorite with both airlines and passengers, resulting in higher load factors wherever it flies.

The total A380 fleet has accumulated over one million flight hours in almost 140,000 commercial flights. To date some 50 million passengers have already enjoyed the unique experience of flying on board an A380. Every five minutes, an A380 either takes off or lands at one of the 34 airports where it operates today and the network is constantly growing.

On this historic “airline order milestone” day, Emirates issued this statement:

Emirates airline has again rewritten all records in civil aviation with an order for 150 Boeing 777X, comprising 35 Boeing 777-8Xs and 115 Boeing 777-9Xs, plus 50 purchase rights; and an additional 50 Airbus A380 aircraft.

Emirates Media Player

Left to Right: His Highness Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai; Fabrice Brégier, Airbus President and CEO; Tom Enders, Chief Executive EADS; Sheikh Mohammed bin Rashid Al Maktoum UAE Vice President, Prime Minister and Ruler of Dubai and His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group.
Together, the Boeing and Airbus orders, excluding purchase rights, are worth an estimated $99 billion (US) at list prices. This is the largest ever aircraft order in civil aviation and also Emirates’ largest order announced at any event to date.

The agreement was signed today (November 17) at the Dubai Air Show by His Highness (H.H.) Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group, with Jim McNerney, Boeing Chairman, President and CEO, and Fabrice Brégier, Airbus’ President and CEO. The signing was witnessed by H.H. Sheikh Mohammed bin Rashid Al-Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.

Emirates’ Boeing 777X order is the single largest aircraft order by value in the history of U.S. commercial aviation, and the additional A380 order cements Emirates, already the largest operator of this aircraft type, as the principal customer for the A380 worldwide. These latest orders bring Emirates’ total firm order book to 385 aircraft (excluding options or purchase rights), comprising 214 Boeing 777s, 101 Airbus A380s, and 70 A350s, at a total estimated value of US$ 166 billion.

Emirates’ Boeing 777X

“The announcement today includes the purchase of 300 GE9X engines from General Electric, to power the 150 Boeing 777X aircraft ordered. Taking into account the U.S. Government jobs multiplier (every $1 billion in US aerospace exports supports 5,747 American jobs), today’s historic order will protect and support over 436,000 jobs in U.S. aerospace manufacturing – not only at Boeing and GE facilities, but with hundreds of other suppliers,” said Sheikh Ahmed.

Emirates’ 777-8X and 777-9X will be a combination of two and three-class configurations, with the 777-8X potentially seating 342 passengers in 3 classes, and the 777-9X seating over 440 passengers in 2 classes.

“Emirates today operates more than one in every 10 Boeing 777 aircraft built. It is the workhorse of our fleet. What the 777X does, is offer us a flying range comparable with the 200LRs and 300ERs, but with more passenger capacity at potentially up to 18% more fuel efficiency,” said Tim Clark, President Emirates Airline.

Emirates’ unwavering commitment to the Boeing 777 dates back to 1996. Today, Emirates is already the largest operator of the 777 with 131 in operation, and the only airline to fly all variants in the 777 family. At the 2011 Dubai Air Show, Emirates ordered 50 Boeing 777-300ERs with options for 20 more at a total value of US$ 26 billion (AED 95.4 billion). It was then a record breaking aircraft order– the single largest by any airline with Boeing in dollar value.

Emirates’ Airbus A380s

Emirates currently operates the world’s largest fleet of A380s with 39 in service.

Its order for 50 additional A380 aircraft today brings Emirates’ total A380 order book to 101 aircraft, worth US$ 45 billion. A combination of two and three-class cabin configuration, the first 25 of these latest A380 aircraft orders are scheduled to be delivered before the first quarter of 2018.

Emirates has been associated with Europe’s largest passenger aircraft since April 2000 when it became the first airline to announce plans to purchase the super jumbo. As the largest customer for the A380, Emirates is therefore the largest supporter of European aerospace manufacturing jobs tied to the A380 programme which is spread across Airbus’ manufacturing centres in France, Germany, England and Spain.

Follow-up article: From Reuters: Emirates was concerned that Airbus was considering slowing down A380 production because of lagging new orders and took a look at how many additional A380s it could physically take at its Dubai base and stated it could have ordered 10 more! This order now ensures the A380 production rate will continue and probable A380 profit for Airbus in 2015 or 2016. Read the full article: CLICK HERE

Analysis: Can other airlines, especially European and North American carriers, compete against the fast growing Gulf carriers? CNN Money explores this question: CLICK HERE

Copyright Photo: Karl Cornil/AirlinersGallery.com. Emirates’ Airbus A380-861 A6-EEC (msn 110) with special “Expo 2020 Dubai UAE” stickers completes its final approach into London (Heathrow).

Video: An inside look at the Emirates Operations Control Room, Dubai.

Emirates: AG Slide Show

Emirates Group announces its 25th consecutive profitable year

The Emirates Group (Emirates Airline) (Dubai) has announced it 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic environment. The financial year also ended with some very positive newly reached capacity milestones throughout the business.

The company posted an AED 3.1 billion ($845 million) net profit, up 34 per cent from last year.  Even with external challenges, the Group’s revenue reached AED 77.5 billion ($21.1 billion) an increase of 17 per cent over last year’s results.  The Group’s cash balance grew by 53 per cent reaching a solid AED 27.0 billion ($7.3 billion).

“Achieving our 25th consecutive year of profit in a financial year with our largest ever increase in capacity across the network is an achievement that speaks to the strength of our brands and our leadership,” said His Highness (H.H) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group.

“Throughout the 2012-13 financial year the Group has collectively invested over AED 13.8 billion (US$ 3.8 billion) in new aircraft, products, services and handling facilities as well as the newly opened JW Marriott Marquis Hotel in Dubai. This investment has resulted in an increased customer base and a rise in global brand awareness. Every dirham that we earn is strategically placed back into our business and it is this tenacious approach that has allowed the Group to maintain such strong and consistent profitability under challenging circumstances.”

Despite a difficult operating environment, the Group continued to invest in and expand on its employee base, increasing its overall staff count by 12 per cent to 68,000.

Emirates continued with its growth plan and during the financial year saw the largest increase in capacity in the airline’s history receiving a staggering 34 new aircraft, the highest in any single year and an unprecedented achievement. These aircraft were funded by raising more than $7.8 billion, also a first, through a variety of financing structures. Overall capacity measured in Available Tonne Kilometres (ATKMs) increased by 5.5 billion ton-kilometers. Other significant capacity increases include launching 10 new destinations across six continents, shipping more than 2 million tonnes of cargo for the first time and carrying an additional 5.4 million passengers over last year, the highest increase in a financial year.

In the 2012-13 financial year Emirates’ fuel bill increased by 15 per cent over last year to reach AED 27.9 billion ($7.6 billion). With total operating costs increasing by 16 per cent compared to a revenue increase of 17 per cent over last year.

“Managing volatile exchange rates, coupled with a persistently high fuel bill accounting for 40 per cent of our total expenditures, has required continued strong resolve,” added Sheikh Ahmed. “Even with these lingering challenges we continue to grow and remain profitable despite the industry norms because we continue to rely on our proven business model and understanding of the marketplace.”

“Staying the course, our strategy for growth has reaped high benefits this past financial year, which has been our strongest ever in relationship to capacity growth,” said Sheikh Ahmed. “Emirates seat load factor over the last three years has been 80 per cent despite our increase in capacity by 44 per cent during the same period, showing the continued global demand for our product.  In addition our capacity measured in terms of Available Tonne Kilometres (ATKMs), which includes passenger and cargo capacity, crossed the 40 billion tonne-kilometres mark, another first for Emirates.”

Highlighting its sound financials and investor confidence, Emirates raised more than AED 28.6 billion (US$ 7.8 billion) in new funding mainly to secure its on-going fleet expansion, a record amount for the airline. This impressive total included US$ 587.5 million financing for additional A380’s with a bond that used the debt capital market in the U.S., a first for a non-U.S. airline in years. Emirates also issued a 10-year amortised Sukuk for US$ 1 billion and raised US$ 750 million with a 12-year amortised bond matched to the payment cycle for the aircraft.  It further includes more than AED 20 billion (US$5.4 billion) raised through finance and operating leases.

“We move into the new financial year with confidence and a clear vision of where we are headed. We understand that succeeding in this industry requires determination and we are unapologetic about our drive to be the best,” added Sheikh Ahmed. “We strive to provide superior customer experiences and as our customers’ expectations increase so do the expectations we set for ourselves. With the help of our 68,000 strong multicultural work force we have no doubt that the year ahead will again be more profitable than the last.”

Emirates revenue reached a record high of AED 73.1 billion ($19.9 billion) growing by 17 per cent when compared to the 2011-12 financial year. Although the average price of jet fuel did not increase over last year, it remains high and has impacted Emirates’ bottom line with the airline’s profit at AED 2.3 billion (US$ 622 million) representing an increase of 52 per cent over last year’s results.

Carrying a record 39.4 million passengers, an increase of 16 per cent, Emirates logged a robust Passenger Seat Factor, at 80 per cent, remaining consistent with last year’s results. With an increase in seat capacity-Available Seat Kilometres (ASKMs) of 18 per cent the result highlights a strong consumer desire to fly on Emirates’ state-of-the-art aircraft.

Passenger yield remained steady with 30.5 fils (8.3 US cents) per Revenue Passenger Kilometre (RPKM)

Revenue generated from across Emirates’ six regions continues to be well balanced, with no region contributing more than 30 per cent of overall revenues. East Asia and Australasia remained the highest revenue contributing region with AED 20.9 billion (US$ 5.7 billion) up 15 per cent from 2011-12. Europe, up 18 per cent to AED 20.1billion (US$ 5.5 billion) and the Americas up 24 per cent to AED 8.3 billion (US$ 2.3 billion) saw the most significant growth, reflecting new destinations as well as increased frequency and capacity to these regions.

Across the rest of the globe Emirates saw strong revenue increases from West Asia and the Indian Ocean up 13 per cent to AED 8.0 billion (US$ 2.2 billion), Gulf/Middle East up 13 per cent to AED 7.1 billion (US$ 1.9 billion) and Africa with AED 6.7 billion (US$1.8 billion) in revenue, up 10 per cent.

Emirates premium seat factor remained strong despite the global financial uncertainty.  Premium and overall seat factor for the airline’s flagship Airbus A380 aircraft outperformed the network, highlighting the continued demand for the product from passengers.

With a further 198 aircraft on order worth over  $71 billion, combined with the airline’s increasing worldwide passenger traffic, Emirates’ is set to continue to drive considerable economic growth in the countries that it serves.

Forging ahead with its intricately planned expansion, Emirates received 34 new wide-body aircraft during the year including 20 Boeing 777-300 ERs, 10 Airbus A380s and 4 Boeing 777 LRFs compared with last year’s 22 aircraft. With an increased fleet, Emirates launched 10 new destinations in 2012-13 including Ho Chi Minh City, Barcelona, Lisbon, Erbil, Washington, DC, Adelaide, Lyon, Phuket, Warsaw and Algiers.

Looking forward to 2013-14, Emirates has to date announced four new routes; Haneda, Clark in the Philippines, Stockholm and Milan to New York.

New A380 destinations for the airline in 2012-13 included; Amsterdam, Melbourne, Singapore and Moscow. Bringing the total number of A380 destinations to 21.  In addition, a second A380 was deployed on the existing Paris and New York routes, making both now a double daily A380 service. Two of our aircraft to London Heathrow were also upgraded to A380s, making all five daily flights now A380s.

Focusing on our customer touch points, Emirates opened three new dedicated airport lounges during the year including Milan and the new First Class and Business Class Concourse A facilities at Dubai Airport, which are among the largest in the world, bringing the total number of Emirates lounges to 35.  The existing Business Class lounge in Dubai Airport’s Concourse C was also refurbished to provide passengers with an enhanced experience.

Defying the industry trend, the 2012-13 financial year has been a strong one for Emirates SkyCargo who for the first time reported a revenue over AED 10 billion reaching AED 10.3 billion ($2.8 billion) mark, an 8 per cent increase over last year.

Emirates SkyCargo’s tonnage increased 16 per cent reaching a remarkable 2.1 million tonnes in a shrinking airfreight market, highlighting its ability to grow revenues against the industry norm.  This year, freight yield per Freight Tonne Kilometer (FTKM) decreased by 6 per cent.

Contributing 15 per cent of Emirates’ total transport revenue Emirate SkyCargo continues to play an integral role in the company’s expanding operations.

At the end of the financial year, Emirates SkyCargo freighter fleet totalled 10 aircraft – eight on operating lease and two on wet lease.

Copyright Photo: Paul Denton. Airbus A380-861 A6-EDZ (msn 107) with the special Expo 2020 Dubai UAE markings arrives at the Dubai hub.

Emirates: AG Slide Show