Emirates Airline is expecting to report another profitable 12 months, when the financial year ends on March 31 this year.
After a drop in passenger traffic in September and October last year, passenger figures returned to normal in November and December last year as well as in January and February this year, but yields have taken a battering in the competitive environment.
Now the 25th largest airline in the world according to the February issue of Air Transport World and the largest Arab carrier, Emirates has ambitions to continue to be the fastest growing airline in the world.
At the Dubai Air Show, the chairman, Shaikh Ahmed bin Saeed Al Maktoum, announced orders for $15 billion worth of new aircraft, including 22 Airbus A380 super jumbos and 25 Boeing 777s.
The Emirates announcement was in line with the vision of Dubai Crown Prince and UAE Defence Minister, Shaikh Mohammed bin Rashid Al Maktoum, who has stated that he wants 15 million tourists to visit Dubai in 2010.
The development of Emirates and the infrastructure of the emirate will help to fulfill his dream.
Emirates is looking global and has announced that it intends to carry out its plans to fly non-stop from Dubai to New York, delaying the start-up only a few months to June 1 next year. It will operate this new service with the long-range Airbus A340-500 and will take delivery of this new aircraft in April next year.
As part of its development plans, Emirates will open services to Casablanca, Morocco on March 31 this year, to Khartoum, Sudan, on April 2, to Perth, Australia on August 31, Mauritius on September 1 and Osaka on October 1.
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