Emirates is one of the two flag carriers of the United Arab Emirates (the other being Etihad). Based in Garhoud, Dubai, the airline is a subsidiary of The Emirates Group, which is owned by the Dubai Investment Corporation. It is also the largest airline in the Middle East, operating more than 3,600 flights per week from Dubai International Airport Terminal 3 before the COVID-19 pandemic. It operates in more than 150 cities in 80 countries on six continents with its fleet of nearly 300 aircraft. Emirates SkyCargo is responsible for cargo operations.
Since its introduction, the Airbus A380 has become an integral part of the Emirates fleet, especially on long-haul and high-density routes. Emirates also has the world’s largest fleet of Boeing 777 aircraft, operating 134 aircraft. Company slogans included “Be good to yourself and fly Emirates”, “From Dubai to destinations around the world”, “Fly Emirates Keep Discovering”, “The best in the sky” and “Hello Tomorrow” (also used recently); The current slogan is “Fly Emirates, Fly Better”.
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The Company Airlines is the fourth largest airline in the world in terms of passenger kilometers sold and second largest in terms of cargo tonne kilometres. In the mid-1980s, Gulf Air began to reduce flights to Dubai. As a result, It was born on March 15, 1985, with the support of the Dubai royal family, and Pakistan International Airlines provided the airline with its first two aircraft. With an initial capital of $10 million, it had to operate independently of government support.
Pakistan International Airlines has provided Emirates cabin crew with free training facilities at Karachi Airport. The airline was headed by Ahmed bin Saeed Al Maktoum, the current chairman of the airline.
In the years following its establishment, the airline expanded both its fleet and destinations. On October 2008, Company moved all operations at Dubai International Airport to Terminal 3. Emirates operates Airbus and Boeing wide-body aircraft and is one of the few airlines to operate full-body aircraft (apart from Emirates). manager). As of December 2021, This is the largest Airbus A380 operator with 119 aircraft in service and one aircraft retired.
Company said its A380-800 variants offer a fuel economy of 3.1 liters per 100 passenger kilometers. The company often uses a program called “Flextracks”. The technology is used to plan and optimize route efficiency and load. Passenger occupancy was 81.2% in the 6 months to September 2010.
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Emirates has branched out into related industries and sectors, including airport services, engineering services, catering and tour operators. Emirates has seven subsidiaries and the parent company has more than 50. As of the end of the financial year on March 31, 2020, the company employed a total of 59,519 people, of which 21,789 were cabin crew, 4,313 cabin crew and 3,316 people were engineer and 12,627 were among others, 5,376 employees worked abroad and 12,098 in subsidiaries. Emirates Group employed a total of 105,730 people. Emirates offers its employees benefits such as comprehensive health plans and paid maternity and sick leave. Another Emirates strategy is to use profit sharing and merit pay as part of its competency-based performance management.
The airline was the third largest airline in the world in terms of the number of passengers transported internationally and the largest in the world in terms of passenger kilometers of international scheduled traffic . It is also the second largest in terms of cruise tonne kilometers (first in international line tonne kilometres). Emirates’ financial success is driven by rapid growth in demand for air travel in the Middle East, Africa and Asia; airline investment in modern aircraft; and availability of airport capacity available 24 hours a day.
As noted by Sheikh Ahmed bin Saeed Al Maktoum, Company Chairman and CEO, passenger numbers fell by 70% in 2020. Airlines laid off almost a quarter of their workforce after losses due to the pandemic. Emirates is likely to face financial challenges in 2021 due to the reduced demand for air travel during the COVID-19 pandemic. Emirates may need to raise money through equity, according to the airline’s chairman. In 2020, it took $2 billion in capital from the Dubai government.
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