Emirates Airlines said that during the fiscal year it received 6 new aircraft, all of which are A380s.
Six aircraft, including 4 Boeing 777-300ERs, the last Boeing 777-300 and a Boeing 777 cargo plane, were out of service, bringing the fleet number at the end of March 2020 to 270. The average age of the fleet aircraft was 6.8 years.
It indicated that during the fiscal year it launched passenger services to three new destinations: Porto (Portugal) and Mexico City (Mexico), and Bangkok-Phnom Penh service.
She stated that she also completed two years of her successful strategic partnership with flydubai. 5.3 million passengers have benefited from the ease of continuing their travel through the joint network of Emirates Airlines and flydubai since the two airlines launched their partnership in October 2017.
It indicated that during the fiscal year, Emirates Airlines was able to arrange financing of 9.3 billion dirhams ($ 2.5 billion) to finance the expansion of its fleet, using various available financing structures.
As part of its initiatives to reduce expenditures and benefit from low global interest rates, Emirates Airlines refinanced and priced more than 5.5 billion dirhams during the fiscal year 2019/2020, which led to future savings estimated at more than 110 million dirhams.