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Emirates (airline)

Emirates (Arabic: طَيَران الإمارات‎ DMG: Ṭayarān Al-Imārāt) is the largest airline and flag carrier of the United Arab Emirates. Based in Garhoud, Dubai, the airline is a subsidiary of The Emirates Group, which is owned by the government of Dubai’s Investment Corporation of Dubai [Wikidata].[3] It is also the largest airline in the Middle East,[4] operating over 3,600 flights per week from its hub at Terminal 3 of Dubai International Airport, to more than 150 cities in 80 countries across six continents through its fleet of nearly 300 aircraft.[5] Cargo activities are undertaken by Emirates SkyCargo.[6]

Emirates is the world’s fourth largest airline by scheduled revenue passenger-kilometers flown,[7] and the second-largest in terms of freight tonne kilometers flown.

During the mid-1980s, Gulf Air began to cut back its services to Dubai. As a result, Emirates was conceived in March 1985 with backing from Dubai’s royal family, with Pakistan International Airlines providing two of the airline’s first aircraft on wet-lease. With $10 million in start-up capital it was required to operate independently of government subsidy. Pakistan International Airlines provided training facilities to Emirates’ cabin crew at its academy. The airline was headed by Ahmed bin Saeed Al Maktoum, the airline’s present chairman. In the years following its founding, the airline expanded both its fleet and its destinations. In October 2008, Emirates moved all operations at Dubai International Airport to Terminal 3.[8]

Emirates operates a mixed fleet of Airbus and Boeing wide-body aircraft and is one of the few airlines to operate an all-wide-body aircraft fleet (excluding Emirates Executive[9]). As of December 2020, Emirates is the largest Airbus A380 operator with 117 aircraft in service and a further 5 on order.[10] Since its introduction, the Airbus A380 has become an integral part of the Emirates fleet, especially on long-haul, high-density routes. Emirates is also the world’s largest Boeing 777 operator with 155 aircraft in service.[11] The company slogans have included Fly Emirates, Be good to yourself, From Dubai to destinations around the world, Keep Discovering, Hello Tomorrow, and is currently Fly Emirates, Fly Better.

History

The airline is a subsidiary of The Emirates Group, which itself is a subsidiary of the Dubai government’s investment company, Investment Corporation Investment Corporation of Dubai [Wikidata].[12][13][14] The airline has recorded a profit every year, except the second year, and the growth has never fallen below 20% a year. In its first 11 years, it doubled in size every 3.5 years, and has every four years since.[15]

In 2015 Emirates paid dividends worth AED2.6 billion (US$708 million), compared to AED1 billion (US$272 million) in 2014.[16] The government has received AED14.6 billion from Emirates since dividends started being paid in 1999 for having provided an initial start-up capital of US$10 million and an additional investment of about US$80 million at the time of the airline’s inception.[17] The Dubai government is the sole owner of the company. However, it does not put any new money into it, nor does it interfere with running the airline.[15]

Corporate management

The airline is a subsidiary of The Emirates Group, which itself is a subsidiary of the Dubai government’s investment company, Investment Corporation Investment Corporation of Dubai [Wikidata].[12][13][14] The airline has recorded a profit every year, except the second year, and the growth has never fallen below 20% a year. In its first 11 years, it doubled in size every 3.5 years, and has every four years since.[15]

In 2015 Emirates paid dividends worth AED2.6 billion (US$708 million), compared to AED1 billion (US$272 million) in 2014.[16] The government has received AED14.6 billion from Emirates since dividends started being paid in 1999 for having provided an initial start-up capital of US$10 million and an additional investment of about US$80 million at the time of the airline’s inception.[17] The Dubai government is the sole owner of the company. However, it does not put any new money into it, nor does it interfere with running the airline.[15]

Structure and employment

Emirates has diversified into related industries and sectors, including airport services, engineering, catering, and tour operator operations. Emirates has seven subsidiaries and its parent company has more than 50.[18][19] At the end of the fiscal year on 31 March 2020, the company employed a total of 59,519 staff of which 21,789 were cabin crew, 4,313 were flight deck crew, 3,316 were in engineering, 12,627 were listed as other, 5,376 employees were at overseas stations and 12,098 were at subsidiary companies.[1]:72 Emirates’ parent company, The Emirates Group, employed a total of 105,730 employees.[1]:184

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