Dubai's Emirates said to add $7.6bn to European economy

New study also says airline support more than 85,000 jobs through expanding network of European flights
Dubai's Emirates said to add $7.6bn to European economy
By Staff writer
Tue 03 Mar 2015 02:56 PM

Dubai-based airline Emirates supports more than 85,000 jobs and adds €6.8 billion ($7.6 billion) to the European economy, according to a new study published on Tuesday.

The research by Frontier Economics, a European consultancy, estimates that Emirates’ operations supported 85,100 jobs across the EU in 2013/14, equivalent to €6.8 billion GDP of the total EU GDP.

In addition, Emirates’ Airbus A380 deliveries for the same period supported 41,000 jobs, equivalent to €3.4 billion GDP, the report said.

The study said that Emirates’ presence in 28 European cities significantly contributed to regional development, especially in non-hub markets that have traditionally been overlooked by other carriers.

"Emirates is fully committed to the European market. The relationship goes back to 1987 when we first started flying from Dubai to London Gatwick. Since then, we have witnessed growth based on demand and now operate over 350 passenger flights a week from Europe, providing global connectivity via our hub in Dubai," said Sir Tim Clark, president of Emirates Airline.

"Emirates’ economic impact is significant; based on Frontier’s report, we supported over one hundred thousand jobs across Europe through our operations and our aircraft purchases from Airbus. By stimulating demand for travel and cargo, especially in markets underserved by other airlines, Emirates contributes to the economies of the communities we serve."

The Frontier analysis, which covered 28 cities served by Emirates in 16 EU member states, identified a total of 220 routes from Europe that are unique to Emirates. It said 21 of these are non-stop connections from European cities to Dubai, and the remaining 199 routes are unique one-stop connections, via Dubai. Using any other airline or alliance on these unique routes would require at least one more additional stop.

Dan Elliott, founder and director of Frontier Economics, said: "Some of Emirates’ competitors have in the past accused the airline of having a negative impact on Europe, but the Frontier analysis paints a different picture.

"Our research shows that the direct, indirect and induced impact of Emirates’ operations and the development of connectivity to secondary cities in particular, makes a substantial contribution to EU GDP. The economic value this connectivity brings to the EU is at times underappreciated, and something that merits attention."

With a total of 140 aircraft ordered, Emirates is the largest purchaser of Airbus’ A380, accounting for more than 40 percent of the total A380 order book.

Airbus estimates that Emirates’ A380 orders support the employment of 41,000 direct, indirect and induced jobs in Europe. About 70 percent of these jobs are split equally between France and Germany, with the UK having 17 percent and the remaining 5,000 jobs in Spain.

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