Emirates Global

Emirates chief slams planemaker 'hand-wringing' over supply chain woes

Leading plane manufacturers Boeing and Airbus are months and years behind on new plane deliveries, frustrating airlines which want to upgrade

Emirates earns $5.2 billion, ranks among world's most profitable airlines

Long-haul carrier Emirates reported on Thursday that it earned annual profits of USD 5.2 billion, making it one of the world's most-profitable airlines. The Dubai-based carrier served 53.7 million passengers out of its hub of Dubai International Airport, compared to 51.9 million passengers in the fiscal year prior. It had aftertax profits of USD 4.7 billion that same period. The overall Emirates Group, owned by Dubai's sovereign wealth fund known as the Investment Corporation of Dubai, saw annual profits of USD 5.6 billion, compared to USD 5.1 billion the year before. "Our excellent financial standing enables us to continue building on and scaling up from our successful business models," said Sheikh Ahmed bin Saeed Al Maktom, Emirates' chairman and chief executive. "While some markets are jittery about trade and travel restrictions, volatility is not new in our industry," he said. "We simply adapt and navigate around these challenges." Emirates' financial year runs from April 1 to

Emirates flight strikes flock of flamingos in Mumbai, raises concerns

An Emirates flight from Dubai struck a flock of flamingos, resulting in the death of around 40 birds in Mumbai, an official said on Tuesday. Emirates can confirm that EK508 from Dubai to Mumbai on May 20 was involved in a bird strike incident upon landing. The aircraft landed safely and all passengers and crew disembarked without injury, however sadly a number of flamingos were lost and Emirates is cooperating with the authorities on the matter, an Emirates spokesperson said. The aircraft was also damaged in the incident on Monday night and, as a result, the return flight EK509 scheduled to depart to Dubai Monday night was cancelled, the spokesperson said in a statement. All passengers and crew were accommodated overnight and a replacement aircraft is being arranged for all passengers, Emirates said. The flight is scheduled to depart Mumbai on Tuesday night, the airline added. Emirates apologises for any inconvenience caused. The safety of our passengers and crew is of the utmost .

Emirates airline to build new $950 mn ultra-modern engineering facility

Phase 1 of the project will deliver 8 maintenance hangars and 1 paint hangar - all capable of handling any size of commercial aircraft up to Code F (A380)

Vodafone's largest shareholder rules out bid after raising its stake

Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier

Emirates Global said to pick BofA, Goldman for IPO

EGA is planning to sell shares at a time when commodity prices have rebounded