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Monday, July 14, 2008

Emirates to raise ticket prices from August 1

Emirates will be increasing ticket prices across all sectors, effective August 1, owing to soaring fuel prices, said the airline. The carrier's fares would go up by 10 per cent for First and Business Class and five per cent for Economy Class. "The staggering increase in fuel prices has had an inflationary effect on all our operational costs, forcing us to revise our fares accordingly," a spokesperson told Emirates Business.
"Emirates' fares remain competitive and we will continue to work very hard to shield our customers from major price fluctuations, while delivering a high quality in-flight product and travel experience," the spokesperson added. This is the second increase in the airline's fares in the last three months. Emirates had increased prices by nine per cent in June 2008, based on an oil price of US$110. "Emirates is better positioned than most global airlines to ride out the impact of high oil prices," Emirates' President, Tim Clark, recently told Emirates Business. Despite having made a profit of US$1.5 billion (Dh5.5bn) last year, Emirates had to pay an extra US$500m for fuel than budgeted.
Fuel costs have taken up around 43 per cent of Emirates' expenditure, up from just 30.6 per cent in April. "It is well above what we had thought of," said Clark. – Emirates Business 24|7

Emirates to launch A380 with bi-coastal inauguration

Emirates Airline has announced plans to showcase the new, double-decker Airbus A380 during exclusive familiarization flights in San Francisco and Los Angeles.

The familiarisation flights will immediately follow the inaugural flight of the aircraft from Dubai to New York JFK on 1-Aug-08.

Invited guests from San Francisco and L.A. both slotted to receive their own daily non-stop service featuring the Boeing 777-200LR from Dubai this fall, will have the opportunity to view the A380 before it begins three-times weekly service from Dubai to New York. Emirates' Dubai to New York service marks the first time any carrier will operate the A380 commercially in the United States.

Emirates to launch A380 with bi-coastal inauguration



Nigel Page, Senior Vice President, Commercial Operations the Americas said, "The A380 familiarization flights will give guests from San Francisco and Los Angeles a chance to feel and experience the new aircraft as well as learn more about Emirates' world-class amenities and comforts. The events will offer an exciting introduction to the airline in advance of our launch of services from Los Angeles and San Francisco later this year."

"We are very proud to be the first airline to bring the A380 to North America as a commercial service and consider this a milestone for the aviation industry. We are also delighted to be able to offer access to the aircraft on both the east and west coasts of the United States," added Page.

Emirates' San Francisco familiarisation flight is scheduled for Monday, August 4th, 2008 out of San Francisco International Airport. Invited guests will have an opportunity to tour the aircraft which features 489 seats in a three-class configuration (14 first class, 76 business class and 399 economy class).

On 5-Aug-08, residents of Los Angeles will have their own opportunity to see the A380 at the Flight Path Museum at Imperial Terminal at LAX. Not only will invited Angelenos be privy to Emirates' award-winning on-board amenities and premier service, but they will also be flying aboard the airline industry's most fuel efficient aircraft.

Powered by American aircraft engine maker Engine Alliance's GP7200 engines, Emirates' A380s can fly up to 7,456 miles on a full load, has 13 tons of bellyhold capacity for cargo and offer better fuel economy per passenger mile than most hybrid passenger cars. The A380 is also quieter, both inside and outside of the cabin, which means more comfort for passengers.

Each familiarisation flight will last approximately two hours.

(c) Centre for Asia Pacific Aviation. Date posted: 10-Jul-08

In-depth analysis of the Middle East airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential Middle East.