Keith T 2 Report post Posted April 27, 2006 (edited) Some food for thought: http://www.theaustralian.news.com.au/story...0-23349,00.html Seems like this juggernaut will be the next airline that "even other airlines talk about." Or it already is. Provides some much needed inspiration for troubled carriers like MH. Article also provided some hints with EK's expansion plans - flying the 772LR into ORD and IAH. Edited April 27, 2006 by Keith T Share this post Link to post Share on other sites
Seth K 3 Report post Posted April 27, 2006 60 Long range plane, where could they fly this. How many cities really far away need LR service, I guess the frequency is high...............all the best to Imran fav. airline! Share this post Link to post Share on other sites
YiHao 0 Report post Posted April 30, 2006 EK have lots of support from their rich goverment. Share this post Link to post Share on other sites
Imran K. 0 Report post Posted April 30, 2006 EK have lots of support from their rich goverment. Oh man...do I really have to do this again.... The Emirates Group, comprising the airline and its other subsidiary companies do not, in any way, receive any financial assistance from the U.A.E government. Although the Dubai government as a whole are shareholders, they do not contribute more than the value of the shares they own in the airline. Share this post Link to post Share on other sites
Sneeze Lam 0 Report post Posted April 30, 2006 Oh man...do I really have to do this again.... The Emirates Group, comprising the airline and its other subsidiary companies do not, in any way, receive any financial assistance from the U.A.E government. Although the Dubai government as a whole are shareholders, they do not contribute more than the value of the shares they own in the airline. If then, what really makes EK success and expanding in such a fast rate? Thanks Imran Share this post Link to post Share on other sites
Seth K 3 Report post Posted April 30, 2006 If then, what really makes EK success and expanding in such a fast rate? Thanks Imran Better products, new planes, high quality services, efficient air/ground crews, amazing hub, spnsored world class events(Arsenal, F1 etc.), low price etc. Imran, just wandering can any prove EK don't get gov. sub, cuz I just wanna know Thanx. Share this post Link to post Share on other sites
Sneeze Lam 0 Report post Posted April 30, 2006 Better products, new planes, high quality services, efficient air/ground crews, amazing hub, spnsored world class events(Arsenal, F1 etc.), low price etc. Imran, just wandering can any prove EK don't get gov. sub, cuz I just wanna know Thanx. Well, Seth, It comes the Question of Chicken or Egg. Yes, I agree with you that high quality services, efficient air/ground crews are really the main reasons for an airline to be success, however, if Ek got not enough money, how could they provide lower price together with better products, as well as operate new planes with high quality, and never to mention about the sponsorship. And finally goes to what you doubted, "any prove EK don't get gov. sub"? Share this post Link to post Share on other sites
Imran K. 0 Report post Posted April 30, 2006 The proof is out there. Emirates have made their Final Accounts public for the past 3 years. If you're really dying to see for yourself...go find it. Share this post Link to post Share on other sites
Sneeze Lam 0 Report post Posted April 30, 2006 The proof is out there. Emirates have made their Final Accounts public for the past 3 years. If you're really dying to see for yourself...go find it. Imran, don't be angry We do believe in you, but still, as I asked before, what make(s) EK success and expand in such a fast speed? Cause I am not so familiar with Ek as you do, so it will be excellent if you can explain to me. Share this post Link to post Share on other sites
Imran K. 0 Report post Posted April 30, 2006 Imran, don't be angry We do believe in you, but still, as I asked before, what make(s) EK success and expand in such a fast speed? Cause I am not so familiar with Ek as you do, so it will be excellent if you can explain to me. Haha...im not angry mate! Well...can I explain tomorrow ah...sleepy wor.. Share this post Link to post Share on other sites
Seth K 3 Report post Posted April 30, 2006 Sure EK very rich Look what they sponsor........ Arsenal-USD178M Sponsor Aresenal shirts for 8 years Victoria Racing Club-7 years Riyadh Cricket Association(RCA) FIFA-$195m-8 years from 2007 Melbourne Cup Visa Coca-Cola Adidas Sony Hyundai BMW International Open England Seven- 3 years Breeders Cup race Sponsor Refrees in all professional games in England-Professional Game Match Officials Limited (PGMOL) Team New Zealand's 2007 America's Cup challenge Asian Football Confederation's (AFC) Women's Championship Dubai World Cup Dubai Tennis Championship Asian Open Raid Rally etc. I would love to own this airline Share this post Link to post Share on other sites
Sneeze Lam 0 Report post Posted April 30, 2006 Sure EK very rich Look what they sponsor........ I would love to own this airline Throught their sponsorship, I can confirm EK is an international airlines Howcome they can still sponsor so many activities under the high fuel price. They got an ID90 for their fuel? Share this post Link to post Share on other sites
Seth K 3 Report post Posted April 30, 2006 "........debunked any accusations that Emirates receives free or discounted jet fuel, or hidden government support and subsidies. Success, he said, was based on a sound and simple business model that focus on growth and investing in innovations to keep ahead of the competition." - Sheikh Ahmed bin Saeed Al-Maktoum, Emirates Airlines and "We did not charge hundreds of miles into the heart of Iraq, pay a bitter cost of casualties, defeat a ruthless dictator and liberate 25 million people only to retreat before a band of thugs and assassins"-Mr Bush, Iraq Share this post Link to post Share on other sites
Sneeze Lam 0 Report post Posted May 1, 2006 "........debunked any accusations that Emirates receives free or discounted jet fuel, or hidden government support and subsidies. Success, he said, was based on a sound and simple business model that focus on growth and investing in innovations to keep ahead of the competition." - Sheikh Ahmed bin Saeed Al-Maktoum, Emirates Airlines and "We did not charge hundreds of miles into the heart of Iraq, pay a bitter cost of casualties, defeat a ruthless dictator and liberate 25 million people only to retreat before a band of thugs and assassins"-Mr Bush, Iraq Seth, any equal sign in bewteen the two quotations based on the main ideas? Share this post Link to post Share on other sites
Bing Chu 0 Report post Posted May 1, 2006 I suspect they "did not charge hundreds of miles into the heart of Iraq, pay a bitter cost of casualties, defeat a ruthless dictator and liberate 25 million people" for the sake of the Iraqi's either (not wholly anyway) !! Share this post Link to post Share on other sites
Imran K. 0 Report post Posted May 1, 2006 I'm really confused here.... Share this post Link to post Share on other sites
Bing Chu 0 Report post Posted May 1, 2006 Sorry, if your confused state of mind due to Pakcik going OT previously ! The elderly mind tends to wander off periodically Share this post Link to post Share on other sites
Imran K. 0 Report post Posted May 1, 2006 Sorry, if your confused state of mind due to Pakcik going OT previously ! The elderly mind tends to wander off periodically Pakcik... My confused state of mind is due to the last minute cramming for finals... You OT didnt make things better Dont worry...we're cool! Share this post Link to post Share on other sites
Kwek 0 Report post Posted May 1, 2006 The Emirates funding is widely discussed at some other aviation forums as well. It comes out once a while.....and makes interesting reading. http://www.airliners.net/discussions/gener...d.main/2746701/ Share this post Link to post Share on other sites
Isaac 0 Report post Posted May 1, 2006 The Emirates funding is widely discussed at some other aviation forums as well. It comes out once a while.....and makes interesting reading. http://www.airliners.net/discussions/gener...d.main/2746701/ Yeah and i agree with some of the posters there Share this post Link to post Share on other sites
Kwek 0 Report post Posted May 1, 2006 As in most forums, got to take it with a pinch of salt. Some smack of pure jealousy, while there are a few valid points. Yeah and i agree with some of the posters there Share this post Link to post Share on other sites
Seth K 3 Report post Posted May 1, 2006 As in most forums, got to take it with a pinch of salt. Some smack of pure jealousy, while there are a few valid points. Well you can argue over opinion but not the fact Either way, no explaination Share this post Link to post Share on other sites
Seth K 3 Report post Posted May 1, 2006 40 A380-800 40 A380-900 50 A350-900 26 777-300ER 4 A340-500 20 A340-600 and more Roughly 180 brand new aircrafts for Emirates. Their profit can't even buy 3x A380 Share this post Link to post Share on other sites
zealich 0 Report post Posted May 2, 2006 I think they just buy what they need and spend carefully on their profit. THat make the different with those airline who buy when ppl buy and just follow the trend. This is what happens today in our society rite..ppl just buy and buy.. Share this post Link to post Share on other sites
Imran K. 0 Report post Posted May 2, 2006 40 A380-800 40 A380-900 50 A350-900 26 777-300ER 4 A340-500 20 A340-600 and more Roughly 180 brand new aircrafts for Emirates. Their profit can't even buy 3x A380 You obviously havent realized the purpose of "Aircraft Financing" by large banks. Obviously EK cant afford all those aircrafts in one go...which is why they've taken sorta large loans which enable them to purchase the aircrafts. The banks will pay for the plane...and EK slowly pays them back. Affects their liquidity and gearing ratios...but they seem to be doing quite well. Share this post Link to post Share on other sites
