jacobin777
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Emirates To Buy More Aircraft

Wed Mar 23, 2005 5:26 pm

Jeez......talk about RAPID expansion...!! boggled 

"The airline adds an average 20-25 per cent capacity every year, Al Gaith said.

"We double our seat capacity every four years, making us one of the fastest growing airlines in the world today."

The airline is expected to announce strong profits for its current year ending March 31. The period has also witnessed high oil prices, affecting airline operating costs globally.

"We will announce our annual results once the financial year ends on March 31. We expect to announce strong results and profitability," he said."

http://www.gulf-news.com/Articles/BusinessNF.asp?ArticleID=157479
"Up the Irons!"
 
lehpron
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 5:45 pm

Children of the oil rich, like billions of paris hiltons...  Wink

I don't know anything about the region. From my perspective this seems sudden but I'm sure it just seems that way. Who is doing this travel?
The meaning of life is curiosity; we were put on this planet to explore opportunities.
 
aa777jr
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 5:47 pm

Bring on the Boeings. 772LR and 787 and see if they can get EX to tell Boeing they want a 747 ADV. Call it the 747NG. Bring it!

I'm hours away from flying AUS-LAX-LHR on AA. Pretty excited!  Smile

Regards.
A liberal is a man who is right most of the time, but he's right too soon.
 
mauriceb
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 5:51 pm

Bring on the Boeings. 772LR and 787 and see if they can get EX to tell Boeing they want a 747 ADV. Call it the 747NG. Bring it!

I'm hours away from flying AUS-LAX-LHR on AA. Pretty excited!

Regards.


why 747 if they just orderd 45 A380's? and why 777LR when they have a rather big fleet of A340-500's

also they have A340-600HGW's on order

so think they won't need to order new planes to get right about the ''doubling the fleet''

i think they orderd enought to accomplish the doubling
 
ua777222
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 5:57 pm

MauriceB hit it dead on.

Even if they were to get more a/c you think Airbus will let them just slip away? Espically with the A350 comeing around soon...

Thanks,

Matt
"It wasn't raining when Noah built the ark."
 
atmx2000
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 6:36 pm

Quoting MauriceB (Reply 3):
and why 777LR when they have a rather big fleet of A340-500's

also they have A340-600HGW's on order


8 A345s with two more coming doesn't constitute a rather big fleet, though I suppose it is a rather big fleet for A345s.

Anyway they are already taking deliveries of 773ERs, and have shown a tendency to operate many large widebody types.
ConcordeBoy is a twin supremacist!! He supports quadicide!!
 
bill142
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 6:39 pm

Quoting MauriceB (Reply 3):
and why 777LR when they have a rather big fleet of A340-500's

also they have A340-600HGW's on order

Why not? They ordered the 773ER didn't they?, and its not unlike the A346HGW
 
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PM
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:29 pm

Quoting Bill142 (Reply 6):
Why not? They ordered the 773ER didn't they?, and its not unlike the A346HGW

An interesting aside is that EK did indeed order 20 A340-600s but they are leasing 26 773ERs. (They later ordered four more 773ERs directly.) It struck me as odd at the time and I still wonder what was going on.

An assumption that some people are making is that EK's new orders will be for long-range aircraft. Is it not just as likely, and maybe more so, that they'll be turning their attention to their medium-haul fleet? With 43 pasenger A380s, 30 773ERs and 28 345/346s, that's 101 planes for long-haul (some, very long-haul) and that doesn't even include their 772ERs and A343s. But a substantial part of their network is still within, say, 10 hours flying time of DXB. You don't need a 777-300ER or an A340-500 for that. What they might well need is greater lift on growing markets. They could either operate more frequencies (in which case, they need more planes) or operate larger equipment (in which case they need bigger planes).

What chance further orders (OK, leases) for 777-300s (NOT the ER version)? They already have 21 and I asume they could use more. It seems they won't take any more A330-200s (they're too small) but might A330-300s be in the frame? Their interest in the 787/A350 is well known but can they wait for these?

On the other hand, many of the A380s will be used for their capacity, not their range (for example, on the LHR route) and that will free up 773s for other routes.

My own guesses? I wouldn't rule out more 773s but I'd be surprised to see A330-300s in their fleet. I doubt if they'll order more 345/346s or 773ERs in the near future but either (not both) of the 787 and A350 is a sure thing.

And when will we start to see 772s and A332s leaving the fleet? there have been rumours about both but nothing certain yet. They seem ready to start dropping them but while they still need every plane they can lay their hands on they can't do so just yet.

One thing's for sure: they keep springing surprises and they keep things interesting for the likes of us!

I must get around to flying them one of these days...
 
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solnabo
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:37 pm

Cant wait to see A346 in EK´s c/s!

Micke//SE  cloudnine 
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scbriml
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:38 pm

Quoting PM (Reply 7):
And when will we start to see 772s and A332s leaving the fleet?

I don't know that they will. They're still flying a single A310 just because they need the planes.
Time flies like an arrow. Fruit flies like a banana!
 
bill142
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:40 pm

Quoting PM (Reply 7):
An interesting aside is that EK did indeed order 20 A340-600s but they are leasing 26 773ERs. (They later ordered four more 773ERs directly.) It struck me as odd at the time and I still wonder what was going on.

The benefits offered by Boeing Aircraft are negated by the cost of ownership, hence the leasing of Boeing aircraft and the purchase of Airbus'
 
chrisrad
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:49 pm

Whats more amazing is that their cabin service levels seem to be on the decline with all of this expansion, where has the the former Airline of the Year gone to......
Welcome aboard Malaysia Airlines! Winner of Best Cabin Staff 2001,2002,2003,2004,2007,2009,2012
 
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PM
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 8:57 pm

Quoting Bill142 (Reply 10):
The benefits offered by Boeing Aircraft are negated by the cost of ownership, hence the leasing of Boeing aircraft and the purchase of Airbus'

Hang on, you've lost me. Say that again slowly so that I can understand! eyepopping 
 
behramjee
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 9:48 pm

Quoting Chrisrad (Reply 11):
Whats more amazing is that their cabin service levels seem to be on the decline with all of this expansion, where has the the former Airline of the Year gone to......

Unfortunately for Emirates...you are DEAD RIGHT in your observation and viewpoint on this matter!!!

Some ppl think that EK is a large overgrown bubble which can burst big time someday like the I.T. stock crash of 2000...well we just have to wait and see. But I dont think so it would happen as the DXB Govt's worldwide reputation and pride-self esteem would suffer big time and Arabs cant stand such things.

And yes it is a shame that an aircraft such as a B 773ER meant for routes such as DXB-USA, DXB-YYZ and DXB-KIX is used on DXB-BKK-SYD-AKL route!!! Also they havent bothered to put a new F and J class cabin on their B 773ERs  Sad

In the Arab world right now...the airline to fly according to most ppl is QATAR AIRWAYS an official 5 star airline alongside CX and SQ only. People who have flown it in the last 2 years have rated it much higher than EK in level of seat comfort and cabin crew service.
 
777boi
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 10:37 pm

Yes, unfortunatly no new first or business class on the new 300ER's. But in EK's defence, the have removed a row of seats from First and another one from economy, so i guess that means a little more room somewhere!!! Perhaps the 12 seats in first will recline flat??? Shame they didnt fit it out with the same interior as whats in their A340-500's. The first 10 or so 300ER's will not be going long range anyway as they have not been fitted with crew bunks or rest areas!
 
cornish
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RE: Emirates To Buy More Aircraft

Wed Mar 23, 2005 10:55 pm

Quoting Behramjee (Reply 13):
In the Arab world right now...the airline to fly according to most ppl is QATAR AIRWAYS an official 5 star airline alongside CX and SQ only. People who have flown it in the last 2 years have rated it much higher than EK in level of seat comfort and cabin crew service.

Interesting - I know they are expanding fast but haven't flown them yet. My colleague has flown on them on her holiday to Dubai, so I'll be curious to find out how the comare to EK when she gets back next week.

Over here in the UK, more and more people are using Qatar Airways to fly to the Middle East or onwards to the Far East, South asia or Australia, as they are frequently the cheapest option to those parts of the world now - particularly with the online travel sites like opodo and expedia, etc.

Would be interesting if their service is top notch and their prices low. would certainly give other airlines something to think about.
Just when I thought I could see light at the end of the tunnel, it was some B*****d with a torch bringing me more work
 
kaitak
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 4:18 am

Wasn't there a rumour some time ago that they were supposed to get four A340-300s from Lufthansa?

I've also heard reports that they are looking at 777-200LRs; Boeing will be pleased that someone is! I wonder, however, if it's needed not so much for the range, but the extra thrust which can be generated by the GE90 engines, given the temperatures EK can face.

I guess that with the shortage of widebodies now available, they'll take whatever they can get.

Service standards are certainly an issue of concern; this is part of what EK built its success on; it would be sad to see it decline.
 
gigneil
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 4:31 am

Quoting Aa777jr (Reply 2):
I'm hours away from flying AUS-LAX-LHR on AA. Pretty excited! Smile

You're flying 4 hours out of your way?

Quoting Bill142 (Reply 6):
Why not? They ordered the 773ER didn't they?, and its not unlike the A346HGW

The A340-600HGW and A340-500 can fly nonstop to SYD and other locations nonstop due to superior engine out performance in the extremely hot climate.

Emirates got the 773ER because they could get them quickly. I would say their general attitude towards them indicates they may not keep them forever.

N
 
mauriceb
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 4:43 am

8 A345s with two more coming doesn't constitute a rather big fleet, though I suppose it is a rather big fleet for A345s.


indeed it is, look at other airlines like Air canada, having only 2/3 A340-500's. the A340-500/777-200LR aren't like many other Long-haul planes but only to fly ultra long routes, wich i suppose they don't need about 10 more 777-200LR's for those ultra's
 
NYC777
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:03 am

Quoting Gigneil (Reply 17):
Emirates got the 773ER because they could get them quickly. I would say their general attitude towards them indicates they may not keep them forever.

How can you say that when the plane is not in revenue service yet?  banghead 
That which does not kill me makes me stronger.
 
gigneil
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:08 am

Easy.

They aren't outfitting the plane with their latest interior, nor planning it on their longhaul flights.

N
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:09 am

Quoting MauriceB (Reply 3):
and why 777LR when they have a rather big fleet of A340-500's

...if, like all 777s, it meets/exceeds its expectant performance specifications, why would they NOT want it?

It'll fly longer, faster, and with more payload than their A345s; plus share complete commonality with their incoming 773ERs.

Quoting Gigneil (Reply 17):
I would say their general attitude towards them indicates they may not keep them forever.

WHAT "general attitude", they haven't even started ops yet  Yeah sure
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
mauriceb
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:16 am

...if, like all 777s, it meets/exceeds its expectant performance specifications, why would they NOT want it?

It'll fly longer, faster, and with more payload than their A345s; plus share complete commonality with their incoming 773ERs


what about theire incomming A340-600HGW's? dont get me wrong im a boeing fan, but think it makes more sense to keep the A340-500, because it would cost them a lot when they need to change them...
 
EmiratesUK
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:21 am

I too have have received not so good service on EK but then I have on SQ,CX & BA to name only a few. EK are still a fantastic airline to fly with and I'm sure they will be for a very long time. As long as they continue to serve "regional" airports then they will continue to take rev pax away from the likes of SQ,QF,BA etc etc

Good luck to EK you still have my business over BA!
EK A380 Private suite - Here I come!!
 
bill142
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 6:56 am

Quoting PM (Reply 12):
Hang on, you've lost me. Say that again slowly so that I can understand!

The benefits that Boeing offers EK such as fuel efficency, parts and whatever else are cancelled out by the higher cost of actually owning the aircraft. That is why they are leasing them. Airbus aircraft on the other hand are often considered to be cheaper and are generally priced at a level which Emirates are willing to pay.
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 6:59 am

Quoting MauriceB (Reply 22):
what about theire incomming A340-600HGW's?

...what about them?

Quoting MauriceB (Reply 22):
it makes more sense to keep the A340-500, because it would cost them a lot when they need to change them

They've given no indication that they plan to divest A345s, just that they're interested in adding 772LRs.
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
bill142
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 7:15 am

Quoting MauriceB (Reply 22):
what about theire incomming A340-600HGW's? dont get me wrong im a boeing fan, but think it makes more sense to keep the A340-500, because it would cost them a lot when they need to change them...

They operate the A343 along side the 772ER and will soon be operating the A346HGW along side the 773 and 773ER. So it will be no surprise if they operate the 772LR along side the A345.

Quoting ConcordeBoy (Reply 21):
WHAT "general attitude", they haven't even started ops yet

The fact only four have actually been purchased an the rest are leased? However the cost of ownership seems to be the bigger issue in not buying them. Also the 773ER dosn't have the interior of the A345. However operating the 777 and A340 togeather dosn't seem to bother EK so these aircraft could stay longer then some think they will.
 
NYC777
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 7:21 am

Quoting Gigneil (Reply 20):
Easy.

They aren't outfitting the plane with their latest interior, nor planning it on their longhaul flights.

N

Your comment still doesn't make sense. If they don't like them then why lease 26 and buy 4 more if they're not serious about it. They could have always bought another product.
That which does not kill me makes me stronger.
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 7:21 am

Quoting Bill142 (Reply 26):
However the cost of ownership seems to be the bigger issue in not buying them.

Since when would something so 'trivial' as that bother this airline...?

The aircraft were leased instead of purchased mostly due to fluidity in delivery option, as well as future speculation that thrust/range/MTOW would be hiked (the latter of which have).

...if nothing else, I'd say the (anecdotal) "attitude" you detect would be more accurately applied to the A346-- as its order was immediately followed up by the largest acquisition of that aircraft's direct competitor thusfar in history.
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
bill142
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 7:26 am

Quoting ConcordeBoy (Reply 28):
Since when would something so 'trivial' as that bother this airline...?

They might be cashed up, but the cash can only go so far.
 
yul332LX
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 7:33 am

EK said last year that the -600HGW was a better fit than the -300ER for 14-hour+ flight.

Still trying to figure out what they meant by that...
E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
 
QFA001
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 8:11 am

Quoting PM (Reply 7):
It struck me as odd at the time and I still wonder what was going on.

Yikes, Gigneil got one right!  Wink AFAIK, the primary reason why EK did an Airbus purchase and a Boeing lease was due to desired delivery slots. Price would have also been an issue as GECAS/ILFC were finding themselves a little short of B773ER customers thanks to the downturn.

Quote:
An assumption that some people are making is that EK's new orders will be for long-range aircraft. Is it not just as likely, and maybe more so, that they'll be turning their attention to their medium-haul fleet?

EK has tentative plans to begin replacing their A332s from 2008. However, they don't appear to have ordered any airplanes to replace those, yet. With ever-growing expansion plans, it could be that they plan to hold on to those A332s longer than tenatively planned. I get the impression that what they'd ideally like to replace those airplanes with is the A359 or B789.

Quote:
I doubt if they'll order more 345/346s or 773ERs in the near future but either (not both) of the 787 and A350 is a sure thing.

EK has 9 B773ERs on option for late 2007 onwards. So, they might not be too far from converting those options.
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 8:26 am

Quoting YUL332LX (Reply 30):
EK said last year that the -600HGW was a better fit than the -300ER for 14-hour+ flight.

They actually said that in 2003...

...before two MTOW and three range hikes for the 773ER  Yeah sure
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
monteycarlos
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 8:43 am

Quoting Bill142 (Reply 24):
The benefits that Boeing offers EK such as fuel efficency...

A big positive when you get free fuel.... hehe.  tongue  I would imagine that EK will operate the 773ER's quite effectively. They serve so many destinations that I am sure they will find a perfect niche to operate these aircraft like they have with the A345's.

As for EK's apparent general attitude towards the 773ER, well I think that's a bit too hard to gauge just by looking at the interior and current route planning of the plane and the fact that they are leasing the aircraft. For all we know EK may have some other grand plan for the a/c.

On an interesting note however, if you have a look through the Rolls Royce website it makes mention that four Trent 556 (Standard engine for the A340-600) engines have lower maintenance costs than two GE-90-115s. Could have some relevance to the topic?

Rolls Royce Trent 500 Website

Quoting ConcordeBoy (Reply 28):
as well as future speculation that thrust/range/MTOW would be hiked

Have you heard anything more about BR's latest state of mind regarding the 772LR? I heard a story that either the Chairman or the President of BR flew to Seattle for a meeting with Boeing and was called back after hearing internally that the fleet planners had changed their mind. According to the source he only made it as far as LA. Its a pretty comical story and for now in my mind it is just a story, but I do believe that EVA wish to convert some or if not all their 772LR orders to 773ER's? Would that decision influence EK at all if it were considering the 772LR's?

Quoting Jacobin777 (Thread starter):
Jeez......talk about RAPID expansion...!!

I still don't believe that this will translate into a major order over the next year. EK have so many aircraft on order including a number of A380's that IMO they would risk total saturation of the market.

Having said that EK will probably realise that 737NG's are selling like hotcakes this year and will go order a couple of hundred to see what all the fuss is about!
It's a beautiful night to fly like a phoenix...
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 9:11 am

Quoting Monteycarlos (Reply 33):
if you have a look through the Rolls Royce website it makes mention that four Trent 556 (Standard engine for the A340-600) engines have lower maintenance costs than two GE-90-115s.

...with absolutely no bias in their method of comparison, I'm sure.  Yeah sure

Quoting Monteycarlos (Reply 33):
but I do believe that EVA wish to convert some or if not all their 772LR orders to 773ER's?

Considering the slots they've reallocated to, they seem likely to convert to 772LRFs even moreso.




Quoting Monteycarlos (Reply 33):
Would that decision influence EK at all if it were considering the 772LR's?

Other than potentially earlier slots, don't see why EK would care either way what they do.

BR's a minor carrier in terms of world aviation, and they've been wishywashy on their C-market order since 2001. Now that they really have no need for the 772LR (the 773ER can now perform the tasks that BR originally purchased the 772LR for, and do it at lower CASM to boot), no surprise to see that airline waver on the smaller aircraft.
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
monteycarlos
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 9:22 am

Quoting ConcordeBoy (Reply 34):
Other than potentially earlier slots, don't see why EK would care either way what they do.

I was thinking more in terms of the only carrier aside from PIA to order the plane... How long has it been on offer for, and for how long have EK been considering it? I never read anything to suggest they wanted it that much.
It's a beautiful night to fly like a phoenix...
 
DAYflyer
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 10:11 am

Quoting Bill142 (Reply 10):
The benefits offered by Boeing Aircraft are negated by the cost of ownership, hence the leasing of Boeing aircraft and the purchase of Airbus'

How's that? What data do you have to support this?  Confused
One Nation Under God
 
ConcordeBoy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 10:22 am

Quoting Monteycarlos (Reply 35):
I was thinking more in terms of the only carrier aside from PIA to order the plane

Keep in mind that the overwhelming majority of its competitor's customers opted because the A345 was the only plane then-available.

Neither C-market aircraft have been able to gain more than two customers in the last half-decade.




Quoting Monteycarlos (Reply 35):
How long has it been on offer for

Spring 2000



Quoting Monteycarlos (Reply 35):
and for how long have EK been considering it?

Dunno



Quoting Monteycarlos (Reply 35):
I never read anything to suggest they wanted it that much

they've actually shown much more interest in the 772LRF, (publically) pushing Boeing for it since 2002.
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
pipo777
Posts: 176
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 1:18 pm

Quoting Monteycarlos (Reply 33):
but I do believe that EVA wish to convert some or if not all their 772LR orders to 773ER's? Would that decision influence EK at all if it were considering the 772LR's?



Quoting ConcordeBoy (Reply 34):
Considering the slots they've reallocated to, they seem likely to convert to 772LRFs even moreso.

There is only one thing for sure with BR, they'll be getting 15 777's...Now, if they decide not to get the 772LR's, they'll most likely be getting 773ER's. The 772LRF is a different deal...
 
squirrel83
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 1:31 pm

Quoting MauriceB (Reply 3):
A340-600HGW's on order

if you dont mind me asking what is the diffrence between A346 and A346HGW?
A346, 7E7, 747, 777, Sonic Cruiser
 
monteycarlos
Posts: 2018
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 1:38 pm

Quoting Squirrel83 (Reply 39):
if you dont mind me asking what is the diffrence between A346 and A346HGW?

A346HGW Forum
Here you go... Should find all the relevant info in there!

Quoting Pipo777 (Reply 38):
There is only one thing for sure with BR, they'll be getting 15 777's...Now, if they decide not to get the 772LR's, they'll most likely be getting 773ER's. The 772LRF is a different deal...

So they are buying it? What are the details of this "deal"? Why would BR consider the 772LR (pax version) anyway... No need for the range with their current destinations given that they are buying 773ER's which will cover everywhere they want to go.

[Edited 2005-03-24 05:39:48]
It's a beautiful night to fly like a phoenix...
 
DfwRevolution
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 1:45 pm

Quoting Monteycarlos (Reply 40):
So they are buying it? What are the details of this "deal"? Why would BR consider the 772LR (pax version) anyway...

There's the possibility of flying TPY-PTY under heavy subsidy of parent company, the Evergreen Group. There's also the possibility of converting them into 777F as stated above.
 
cloudy
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RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 1:59 pm

Emirates does not currently get subsidies, and has not for a long time. It also doe s not get free fuel. Their books are audited and open. I used to think that Emirates was just a subsidiesed monster until I actually looked at the data rather and stopped just assuming things. Moreover, it is not behaving like a political state owned or subsidized airline would. Such airlines are usually overcome by beauraucratic inertia. They don't have the service levels, profitablity, or rapid expansion of Emirates.

That being said, there are war risks and there is the risk that EK may not be able to get as much Far East - Europe traffic as they would like. Also, it is possible that they are simply getting to big to fast. That is what happened to people's express. Normally, when a company overexpands there is a great deal of waste and mismanagement, and customer service slips. Some previous posters have said this is already happening to Emirates.
 
wassch71
Posts: 199
Joined: Sun Feb 13, 2005 1:47 pm

RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 2:30 pm

Quoting Behramjee (Reply 13):
Some ppl think that EK is a large overgrown bubble which can burst big time someday like the I.T. stock crash of 2000...well we just have to wait and see. But I dont think so it would happen as the DXB Govt's worldwide reputation and pride-self esteem would suffer big time and Arabs cant stand such things.

Emirates has posted 236 million USD profits in the first 6 months of the 04-05 fiscal year. EK is not getting any subsidies from the UAE government. EK is expanding, is successful, was second only to SQ as Airline of the Year in 2004 (http://www.airlinequality.com/2004/airline_04_entry.htm). I do not see the above scenario (including the pride crisis part) happening any time soon...

Regards

Wassch71
MEA...Like No Other
 
bill142
Posts: 7853
Joined: Wed Aug 04, 2004 1:50 pm

RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 5:25 pm

Quoting DAYflyer (Reply 36):
How's that? What data do you have to support this?

I read it in the Emirates annual report a while back. Tim Clark said that Boeing aircraft were too expensive despite the benefits they offered. EK's stance may have changed, but with only four of their 773ER's actually being bought I doubt that somehow. Of the A380 order only a small number, less than five, are being leased. The rest are being bought outright. You work that one out.

Quoting Monteycarlos (Reply 33):
I still don't believe that this will translate into a major order over the next year. EK have so many aircraft on order including a number of A380's that IMO they would risk total saturation of the market.

They have 108 aircraft on order. According to an article on travelbiz.com.au they plan to add aircraft a a rate of one per month for the next eight years.

http://www.travelbiz.com.au/articles/67/0c02e367.asp

Quoting Monteycarlos (Reply 33):
A big positive when you get free fuel.... hehe

EK don't get free fuel. Dubai has little to no oil as well.
 
jacobin777
Posts: 12262
Joined: Sat Sep 11, 2004 6:29 pm

RE: Emirates To Buy More Aircraft

Thu Mar 24, 2005 8:25 pm

Quoting Monteycarlos (Reply 33):
Having said that EK will probably realise that 737NG's are selling like hotcakes this year and will go order a couple of hundred to see what all the fuss is about!

lol...that was a funny one...... Big grin
"Up the Irons!"

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