The 30 most admired companies in the GCC
Mon 01 May 2017 06:05 AM
Emirates Airline

Emirates Airline

Industry: Aviation

Country: United Arab Emirates

Emirates has impressed with its exponential growth to become one of the busiest international airlines in the world in barely 30 years. It now serves 151 airports in 80 countries from its hub in Dubai.

Its story started in 1985 when it launched operations with just two aircraft. Today, the airline operates the world’s largest fleets of Airbus A380 and Boeing 777 aircraft.

The airline has often set new standards for luxury travel and is preparing to reveal its new First Class offering this year.

Emirates Group chairman Sheikh Ahmed Bin Saeed Al Maktoum is honest about current difficulties in the industry, admitting 2017 will be “another challenging year”. But despite the headwinds, the Emirates Group — which includes the airline and aviation services firm dnata — expects to remain profitable, after announcing a $214m profit for the first half of the 2016-17 fiscal year.

It also continues to expand. Overall capacity rose 9 percent to 30.2 billion available tonne kilometres (ATKM) between April 1 and September 30, 2016. Capacity measured in available seat kilometres (ASKM) grew by 12 percent.

Always increasing passenger numbers, Emirates reported a 9 percent increase, up to 28 million passengers, during the same six-month period.

Emirates has consistenly been ranked as one the most valuable brands in the world by Brand Finance.