Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Emirates expects to fly 70% of normal capacity by winter, CCO says

Stock MarketsMay 04, 2021 06:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. REUTERS/Abdel Hadi Ramahi

DUBAI (Reuters) - Emirates plans to operate around 70% of its normal capacity this winter thanks to an expected increase in international travel as countries ease coronavirus restrictions and reopen borders.

Emirates, the world's biggest long-haul airline before the pandemic, has been gradually rebuilding its network of 157 passenger destinations since flights were grounded in March 2020.

It is currently operating to around 120 destinations, though capacity remains limited due to the continued grounding of most of the airline's 118 Airbus A380 superjumbos.

“We already have a plan to get back to almost 70% of our capacity to be recovered by winter 2021,” Emirates Chief Commercial Officer Adnan Kazim told reporters on Tuesday.

He did not disclose its current operating capacity, although he added that the airline had a way to go to reach 70%.

Emirates has mainly been operating flights with its 151 Boeing (NYSE:BA) 777s though with passenger demand still at very low levels globally those planes have mostly carried cargo.

Kazim said the airline expects to operate around 30 to 40 Airbus A380s over the summer, more than what it is currently operating.

The restoration of capacity largely depends on countries easing coronavirus restrictions and whether they permit international travel. Dubai's Emirates does not have a domestic market that can cushion against international border closures.

Emirates expects to fly 70% of normal capacity by winter, CCO says
 

Related Articles

U.S. Senate votes to open debate on China tech bill
U.S. Senate votes to open debate on China tech bill By Reuters - May 17, 2021

WASHINGTON (Reuters) - The U.S. Senate voted 86-11 Monday to open debate on a measure authorizing more than $110 billion for basic and advanced technology research over five years...

Parler returns to Apple's App Store, names new CEO
Parler returns to Apple's App Store, names new CEO By Reuters - May 17, 2021 3

By Elizabeth Culliford (Reuters) -Parler, a social media app popular with U.S. conservatives, returned to Apple Inc (NASDAQ:AAPL)'s App Store on Monday, after the iPhone maker...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
perplexed76 .
perplexed76 . May 04, 2021 6:16AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
wow, 70% till winter. Market gamblers act like it 700% today
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email