Originally Posted by
DaveReidUK
And, arguably, a somewhat Pyrrhic victory for Emirates. Their strategy of playing hardball with RR and Airbus has left them with the world's largest fleet of orphans.
That is a pertinent point Dave.
That EK grew rather rapidly post GFC saw them replace, at least in the antipodes, alliances with 'greater fools' lots of additional capacity and ASK/RPK being the result.
That their operating metrics softened in the recent past is suggestive that perhaps scale is an issue. Additionally, one does wonder what attractions, other than fuel, catering and freight does the UAE offer?
The question is whether they have been caught wrong footed, adding that capacity precisely when fleet metrics and the market are not favouring their current order book.