STC says the 380 is staying in and has a place in Emirates. He expects to be flying his full fleet in 2022. He says only retirements happening are the 3 380s going out and the 9 777s also going out this year. He says this hub model has worked for 35 years and they wish to continue it.
https://www.ft.com/content/3f13edfe-e7a ... f2eb0a36f4
Yet just two weeks ago STC said:
“We have just got to accept that in the next year or two, perhaps a bit longer, demand for air travel is going to be tempered in many respects,” he said. “What emerges from this will be in my view almost perhaps 20 or 30 per cent less than what we were experiencing prior to the coronavirus kicking in.”
“We know the A380 is over, the 747 is over but the A350 and the 787 will always have a place. They may not be ordered soon, they may have orders deferred and pushed back, but eventually they will come back, and they will be a better fit probably for global demand in the years post the pandemic,” he said.
Ref: https://www.thenational.ae/business/avi ... -1.1015208
So by his own words, he's saying he's keeping all the A380s and thus will have 20%-30% more capacity than he can use, of a type whose time is over.
Events are beyond his control anyway. People aren't going to be willing to get on to airplanes in the numbers they did pre-covid for a long time, and EK was already trending the wrong way pre-covid.
He himself will be retired before too long, never mind EK's A380s. He seems to be having problems leaving the stage ( ref: https://www.forbes.com/sites/willhorton ... -covid-19/ ).