Emirates to Order More Than 12 Planes
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Emirates to Order More Than 12 Planes
Bloomberg
Emirates, the biggest Arab airline, plans to order more than 12 planes to meet rising demand, Chairman Sheikh Ahmed bin Saeed al-Maktoum said.
Passenger traffic at Dubai Airport surged 17 percent in January after growing by 9.2 percent in 2009, which “will push us to buy more aircraft,” Sheikh Ahmed said in an interview at his office at the airport’s Terminal 1 building in Dubai today. “I know that we announced something like 10 to 12 aircraft, but we are maybe looking at more than that number.”
Emirates said in November it would order about 11 new planes and was looking at models from Boeing Co. and Airbus SAS.
The carrier, the biggest customer for Airbus’ A380 superjumbo with an original order of 58, has also ordered 70 A350s. The airline’s fleet has risen from 131 to 145 since March last year, including eight A380s, it said March 9.
Air traffic in the Middle East grew 11.2 percent in 2009, one of only two regions to post growth amid the industry’s worst slump, the International Air Transport Association said. Latin American passenger traffic grew 0.3 percent.
Emirates will sell shares in an initial public offering “one day,” although the timing of the sale will be decided by the government and subject to market conditions, Sheikh Ahmed said. It will take the carrier about nine to 12 months to complete preparations for an IPO when the government decides to sell shares in the company, he said.
Emirates, the biggest Arab airline, plans to order more than 12 planes to meet rising demand, Chairman Sheikh Ahmed bin Saeed al-Maktoum said.
Passenger traffic at Dubai Airport surged 17 percent in January after growing by 9.2 percent in 2009, which “will push us to buy more aircraft,” Sheikh Ahmed said in an interview at his office at the airport’s Terminal 1 building in Dubai today. “I know that we announced something like 10 to 12 aircraft, but we are maybe looking at more than that number.”
Emirates said in November it would order about 11 new planes and was looking at models from Boeing Co. and Airbus SAS.
The carrier, the biggest customer for Airbus’ A380 superjumbo with an original order of 58, has also ordered 70 A350s. The airline’s fleet has risen from 131 to 145 since March last year, including eight A380s, it said March 9.
Air traffic in the Middle East grew 11.2 percent in 2009, one of only two regions to post growth amid the industry’s worst slump, the International Air Transport Association said. Latin American passenger traffic grew 0.3 percent.
Emirates will sell shares in an initial public offering “one day,” although the timing of the sale will be decided by the government and subject to market conditions, Sheikh Ahmed said. It will take the carrier about nine to 12 months to complete preparations for an IPO when the government decides to sell shares in the company, he said.
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That's all well and good to order these new planes but then they also need crews to fly them both front and back. From what I've been reading on others threads in this forum and looking at those management videos , they seem to running on min crew as it is and by some accounts the recent recruitment drive hasn't brought in the numbers they were expecting!
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Impressive part of the expected massive widow dressing leading up to the one day I.P.O.
I can imagine managers are praying that their thrashing of the crews does not sour this I.P.O. with a fatal crash before their big pay day.
EK track record does not have to be a bigger copy of the Gulf Air track record.
I can imagine managers are praying that their thrashing of the crews does not sour this I.P.O. with a fatal crash before their big pay day.
EK track record does not have to be a bigger copy of the Gulf Air track record.
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Been involved in a couple of companies while they posistion to sell themselves and its clasic what's happening to EK. It's all about bottom line, screw cost down (T&C's),reduce staff, increase revenue & destinations (A/C orders) and SELL. After the sale it usually gets better, hang in there!
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Perhaps in the future EK will have to consider outbasing flight crews around their route network and not just DXB.
Outstations means local contracts according to the laws of that country = no slave labour = no unjust sackings = no FTL cheating = higher costs = less flexibility...
This is the reason they didn't keep hold of the major shareholding in Sri Lankan Airlines.
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Asian Carriers usually give out so called "Extended Layover" and advertise as "Foreign Bases". Basically they work you to the max for 18-20 days and then schedule you to deadhead or operate to the selected layover point. No foreign contract, no labor laws abiding. To them you are just laying over for extended period which happen to be close to your home and you have chosen to cancel the hotel.
You usually have no control over the allocation of your days off and the roster patterns and have to agree that they can sometimes allocate your annual leave days here or there to satisfy the schedule. And of course no perdiems on the Extended Layover.
Basically works fine for everybody, money still stays in the operators country and you still work there. The question is consecutive days scheduling and nothing else.
Some carriers even offer 5 on 3 off or 7-5 or whatever....
It is possible
You usually have no control over the allocation of your days off and the roster patterns and have to agree that they can sometimes allocate your annual leave days here or there to satisfy the schedule. And of course no perdiems on the Extended Layover.
Basically works fine for everybody, money still stays in the operators country and you still work there. The question is consecutive days scheduling and nothing else.
Some carriers even offer 5 on 3 off or 7-5 or whatever....
It is possible
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Fatbus you are right..A330-300.
The reason why I said B 77Ls and B 77Ws is because EK is interested in launching more ULH destinations for which these 2 aircraft come in handy. These include MIA, ORD, EZE as well as increasing MEL capacity from A 345s to B 77Ws.