Emirates to resume superjumbo to New York
Dubai, May 19, 2010
Dubai government-owned Emirates airline said it would restart superjumbo flights to New York at the end of October, after an increase in traffic through the Americas boosted revenues.
Emirates, the largest customer for the Airbus A380 aircraft, said on Wednesday revenue for the Americas in its financial year 2009/10 rose 8.1 per cent year-on-year.
The carrier had pulled the world's largest passenger plane off the New York route in June last year after a drop in traffic, replacing it with a Boeing 777 aircraft as the impact of the global financial crisis swept across the Gulf Arab region, reducing passenger demand.
The airline posted a fivefold increase in profit to Dh3.5 billion ($953.2 million) in the year to March 31 and said it was aiming for close to Dh4.25 billion for the group this year.
The carrier, which has $55 billion in orders with Airbus and Boeing, said it would take delivery of seven A380s and one Boeing 777 in 2010-2011 and was lining up new purchases.
'Against some of the toughest operating conditions ever faced, the results for the Americas have been hugely encouraging,' said President Tim Clark in a statement.
'As we look to 2010-11 and beyond, Emirates will continue to invest in its products and services to build on the resurgent demand for air travel within the Americas.'
The airline will look at adding flights to new US cities, he added.
Emirates is scheduled to receive 11 new wide-body aircraft in 2010, including Airbus A380s and Boeing 777s, it said.
Emirates operates eight A380 aircraft to London Heathrow, Toronto, Paris, Jeddah, Bangkok, Seoul, Sydney and Auckland, and aims to start servicing Beijing and Manchester this year. – Reuters