Emirates tries to squeeze in 30 more superjumbos

Airline giant Emirates is trying to find a way to make room for 30 new Airbus SAS A380 superjumbos.

Airline giant Emirates is trying to find a way to make room for 30 new Airbus SAS A380 superjumbos.

The world's biggest airline by international traffic is limited by lack of space at the carrier's Dubai base and curfews at destination airports, President Tim Clark told Bloomberg.

He said these issues had put a spanner in the works on lifting an existing order for 90 passenger planes to 120.

The largest A380 customer has exploited its position in the Gulf and the company is now considering sending superjumbos to locations including Houston, Los Angeles and San Francisco.

"We know what we want to do, we know where we could put more than 90 A380s today," the executive said.

"It's a question of can we actually fit them in? The economics of Houston are very powerful. That would be an extremely attractive proposition."

The carrier last year added 15 destinations including Rio de Janeiro, Buenos Aires, Barcelona and Seattle. Last month it introduced a fifth daily A380 flight to London.

This year Emirates has announced extra superjumbo flights to New York John F. Kennedy and Paris Charles de Gaulle airports.

It has also augmented its South East Asia service with more daily flights from Dubai to Bangkok and Kuala Lumpur.

However the introduction of new destinations and extra flights have done nothing to help solve limited airport opening hours and a crowded Dubai terminal.

"The airspace management around us, that's proving to be quite complex," Clark said. "We've got many carriers in the U.A.E. growing at quite a pace."

Clark said the company would be pitching recommendations to JetBlue Airways Corp. at Kennedy. Emirates is also building up its relationship with other carriers including Alaska Airlines in Seattle and AMR Corp's American Airlines.

Integrated schedules would make for easier transfers but airlines need to be "careful" about antitrust and pricing issues, he said.

RD

Recommended

Share tips of the week – 21 January
Share tips

Share tips of the week – 21 January

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
21 Jan 2022
Seven cheap defence stocks to buy now
Share tips

Seven cheap defence stocks to buy now

We’ve got used to a world without war between major powers, but that era is coming to an end as Russia threatens Ukraine and China eyes Taiwan. Buy de…
21 Jan 2022
Invest in VCTs: tax-free investments set to break records
Investment strategy

Invest in VCTs: tax-free investments set to break records

Generous tax breaks make VCTs – venture capital funds – an attractive supplement to pensions.
21 Jan 2022
HubSpot: a tech stock set to tumble
Trading

HubSpot: a tech stock set to tumble

US tech stocks have had a fantastic couple of years. But this year is unlikely to be so bullish for high-fliers that can’t turn big profits.
18 Jan 2022

Most Popular

Ask for a pay rise – everyone else is
Inflation

Ask for a pay rise – everyone else is

As inflation bites and the labour market remains tight, many of the nation's employees are asking for a pay rise. Merryn Somerset Webb explains why yo…
17 Jan 2022
Temple Bar’s Ian Lance and Nick Purves: the essence of value investing
Investment strategy

Temple Bar’s Ian Lance and Nick Purves: the essence of value investing

Ian Lance and Nick Purves of the Temple Bar investment trust explain the essence of “value investing” – buying something for less than its intrinsic v…
14 Jan 2022
US inflation is at its highest since 1982. Why aren’t markets panicking?
Inflation

US inflation is at its highest since 1982. Why aren’t markets panicking?

US inflation is at 7% – the last time it was this high interest rates were at 14%. But instead of panicking, markets just shrugged. John Stepek explai…
13 Jan 2022