Tag: Sheikh Ahmed

Emirates Firms Up Orders for 36 A380s Worth US$ 16 Billion

Reading Time: 2 minutes Emirates, the world’s largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memorandum of Understanding (MoU) that was announced in January. The total agreement for 36 aircraft is valued at US$16 billion based on latest list prices. Deliveries are to start as early as 2020. In the […]

Emirates and Flydubai May Be Merged Within 18 Months

Reading Time: < 1 minute Emirates President Tim Clark has said the airline’s owners are working bring the airline together with Flydubai under one unit in plans that could bear fruit within the next 18 months. “We are minded to accelerate a greater joining of the hip, of what we do, there’s a lot of work going on there to […]

Emirates’ Airline Profit Falls 82% In 2016-17

Reading Time: < 1 minute A tough year has taken its toll on Emirates despite the airline managing to keep profits in the black. The Group’s 2016-2017 results report a 29th year of profit but airline profits are down 81 percent to AED 1.3 billion ($340 million) from a record AED 7.2 billion ($1.9 billion) last year. Group profits, which […]