Aither wrote:dtw2hyd wrote:None of the conditions Emirates made the world's largest international carrier exists today.
Dubai's family, friends and neighbors don't have easy access to cash like they used to. Repeating Dubai never had oil money is beating the dead horse.
Reality is, UAE, Kuwait and Saudi have very limited disposable income to support neighbor's vanity projects. Dubai itself will not have tourism money also.
International business travel is not going to reach pre-COVID19 levels anytime soon.
International VFR will never reach pre-COVID19 levels.
All the highlights of EK model, like product and service are irrelevant now, every crew-passenger contact point is a risk, very difficult to show personal touch with full PPE.
Passengers will look for fastest travel options, mostly P2P. Not many passengers want to congregate in airport lounges at huge hubs.
On a side note, what are av bloggers going to do, find another real job.
I believe the exact opposite of basically everything you say here.
- EK, based on efficiency and a sound business model, will benefit of failing vanity projects.
- EK is more about trade than tourism.
- International travel will recover faster than you think : for one european/american not travelling, you will have 2 Asian/African starting to travel.
- Full PPE and avoiding hubs is a short term thing. The alternative is not point to point it's no aviation anymore. Hubs will benefit from consolidated networks & airlines reducing capacity.
If today I have the choice to travel between Asia and Europe, I would look first at Emirates. Emirates is for me a symbol of efficiency, and as a consequence an airline I trust more than others to do things the right way.
What many are miscalculating is that in many regions where EK is strong people don't travel just for leisure but a lot because the economic situation in their home countries is not good so they need to migrate and rely more on trading, finding new markets. Crisis make people move.
Mostly wishful thinking. EK runs on the premise of free travel, which is history. Asians and Africans to travel where? There has to be enough countries with relatively open borders for EK model to work.
What is the monthly cash burn rate of Emirates? 250 leased planes and 100,000 employees are not free.
Anyone who wants to travel from country A to country B won't seek out cheap tickets or bling, they will try to avoid any third country.
Free market economies quickly pulled out their unpublished socialist playbooks and bailing out billions of dollars/Euros to their own airlines, no one is saying let our airline fail, Emirates is going to operate, may be except India(Air India).