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Company Watch - Emirates.


Apr 30, 2007

Emirates posts record full-year profit, reveals interest in more Airbus A380s The Airbus A380 is a double-deck, four-engined airliner manufactured by the European corporation Airbus, an EADS subsidiary. The largest passenger airliner in the world, the A380 made its maiden flight on 27 April 2005 from Toulouse, France,[2] . Emirates' star continues to rise, as evidenced by the record AED AED - Automated Engineering Design 3.46 billion ($941.8 million) profit the parent company reported for the fiscal year ended March 31, representing a 23.5% increase over the prior year's profit of AED2.8 billion and based largely on the AED3.1 billion in net earnings contributed by the airline. Apr 27, 2007

Emirates will increase Dubai-Beijing frequencies to 12-times-weekly from daily on May 1 and to twice-daily from July 1. Flights are aboard Airbus A340-300s. Apr 24, 2007

Emirates is looking to leverage its new seven-hangar, $353 million maintenance facility in Dubai, which it said is the largest civil aviation MRO MRO

In currencies, this is the abbreviation for the Mauritanian Ouguiya.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 facility in the world, to become the maintenance "Center of Excellence" for the A380. "We have made a huge investment. We now have the capacity and can look for third-party A380 work," Senior VP-Aircraft Maintenance Iain Lachlan said yesterday took a tour of the facility, which is built on a 55-hectare site and became operational last September. Each hangar can accommodate an aircraft of any size, including an Airbus A380-900. An eighth hangar is dedicated for painting and will go live in August. The hangars have nearly the same dimensions as the A380 assembly facilities. Apr 26, 2007

Emirates EK Engineering started preparations two years go for Airbus A380 operations. The first of 45 ordered A380s should be delivered to the airline in August 2008 at the latest. "We believe that we need up to four mechanics when an A380 stops for transit," Lachlan said. An A330 requires two. The company will offer third-party work on Boeing 777s The Boeing 777 is an American long-range wide-body twin-engine airliner built by Boeing Commercial Airplanes. The world's largest twinjet and commonly referred to as the Triple Seven, it can carry between 301 and 368 passengers in a three-class configuration and has a range from , Airbus A330s The Airbus A330 is a large-capacity, wide-body, medium-to-long-range commercial passenger airliner. It was developed at the same time as the four-engined Airbus A340. It is expected that it will be replaced by the Airbus A350.  and other aircraft only if capacity is available. With its growing fleet, EK Engineering wants to prioritize pri·or·i·tize  
v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem

v.tr.
To arrange or deal with in order of importance.

v.intr.
 its own aircraft. Lachlan said EKE eke 1  
tr.v. eked, ek·ing, ekes
1. To supplement with great effort. Used with out: eked out an income by working two jobs.

2.
 has spares inventory worth up to $500 million not including 36 spare engines. Apr 26, 2007

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Apr 23, 2007
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Publication:Airguide Online
Date:Apr 30, 2007
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