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NYTimes Article On Emirates  
User currently offlineN79969 From , joined Dec 1969, posts, RR:
Posted (11 years 3 months 2 weeks 17 hours ago) and read 1562 times:

Enjoy:

http://www.nytimes.com/2003/01/05/business/yourmoney/05WORL.html

My search did not turn this up.

10 replies: All unread, jump to last
 
User currently offlineB747-437B From , joined Dec 1969, posts, RR:
Reply 1, posted (11 years 3 months 2 weeks 17 hours ago) and read 1530 times:

An overall pretty balanced article which rightfully calls into question the accuracy of the financial statements, but I think the overall impression that Emirates is an airline of luxury is way off base. Remember, this is the airline that invented the 10-across B777 in Coach and the middle seat in Business Class on the A330.

User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 3 months 2 weeks 16 hours ago) and read 1494 times:

Well, Emirates have very plush looking cabins, in spite of the 10 abreast 777 interiors which are really not that bad (Neither is the 7 abreast Business Class cabin for that matter). The legroom is wonderful in their coach cabins, and while Business class may not be as plush as BA or Singapore, its a hell of a lot cheaper. And the article is right about their cabin crew being as stylish as they come. While Asian travellers may be jaded with the likes of Cathay and Singapore in their midst, most Americans (like the editors at the NYT) are more used to Delta, Northwest and their hideous galleons of misery, which makes the Emirates experience seem all the more luxurious and exotic.

User currently offlineAT From United States of America, joined Jul 2000, 978 posts, RR: 0
Reply 3, posted (11 years 3 months 2 weeks 15 hours ago) and read 1439 times:


Remember it is a New York Times Article, and the author is comparing Emirates to AMERICAN carriers, and alerting the public that there are more exotic and comfortable options than the non-existent service proviced by US carriers.
If the article were written say in Singapore or Hong Kong, it may be different, as their respective home airlines already offer similar if not better products.

Also, I find Emirates' policy funnily inconsistent: on one hand they DON'T serve pork products, but then they freely serve alcohol!


User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 4, posted (11 years 3 months 2 weeks 15 hours ago) and read 1432 times:

I think most people that drink and eat pork would rather give up the pork if forced to make a choice. From what I have read, many people in the middle east (including Muslim countries) booze it up once in a while.

User currently offlineQatarAirways From Qatar, joined Sep 2008, 0 posts, RR: 1
Reply 5, posted (11 years 3 months 2 weeks 14 hours ago) and read 1397 times:

B747-437B,
I couldn't access the article. Does it accuse EK of "cooking the books" a la Enron?

AT,
"Also, I find Emirates' policy funnily inconsistent: on one hand they DON'T serve pork products, but then they freely serve alcohol!"

It is simple really other than what N79969 mentioned about people giving up Pork it is a question of costs. In Economy class they offer only two choices and since they still serve many muslims these passengers will only have 1 choice if the other contains pork and so airlines might end up with excess food that would be thrown away as well as complaints about only once choice of food. With drinks it is normal for airlines to have a wide selection and if a bottle of alcohol is not consumed it can always be used in another flight. Another issue is that alcohol is much more critical for people when booking flights than pork.


User currently offlineB747-437B From , joined Dec 1969, posts, RR:
Reply 6, posted (11 years 3 months 2 weeks 13 hours ago) and read 1378 times:

Does it accuse EK of "cooking the books" a la Enron?

No, it simply says that a number of industry insiders question their financial viablity because of the lack of transparency in reporting results, but that there is little doubt that the cash is there. Whether this is from operating profits or from handouts by the Maktoums is another story.

I agree completely with that. I know that EK is nowhere near as profitable as they claim to be, but I also know that they are never in any danger of running out of cash. This is their unique business model and more power to them if they can sustain it.


User currently offlineQatarAirways From Qatar, joined Sep 2008, 0 posts, RR: 1
Reply 7, posted (11 years 3 months 2 weeks 13 hours ago) and read 1365 times:

"This is their unique business model and more power to them if they can sustain it."

I agree, Emirates affects Dubai's economy positively in many ways that even if they might be un-profitable (unlikely) in the over all scheme things they provide a positive impact to the economy in aspects such as tourism and foreign investment.



User currently offlineETA Unknown From Comoros, joined Jun 2001, 2051 posts, RR: 0
Reply 8, posted (11 years 3 months 1 week 6 days 7 hours ago) and read 1229 times:

Emirates loss + DNATA cross subsidy = Emirates profit!

User currently offline9V-SVC From Singapore, joined Oct 2001, 1795 posts, RR: 10
Reply 9, posted (11 years 3 months 1 week 6 days 4 hours ago) and read 1189 times:

After flying on Emirates in December . They will be always be my number 1 airline . I would fly on them anyday over the major airlines in the world .


Airliners is the wings of my life.
User currently offlineQatarAirways From Qatar, joined Sep 2008, 0 posts, RR: 1
Reply 10, posted (11 years 3 months 1 week 5 days 20 hours ago) and read 1123 times:

ETA Unknown,

I beg to differ.

Here are the Figures for 2001/2002.

Emirates Airlines (AED in Millions):

Total Revenue: 7,274.7 or 93.1% of the group's revenue
Total Net Profit: 468.2 or 77.6% of group's net profit

DNATA (AED in Millions):

Total Revenue: 820.1 or 6.9% of the group's revenue
Total Net Profit: 134.80 or 22.4% of group's net profit

From the Emirates Annual Report 2001 http://www.ekgroup.com/ANREP2002/index.htm


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