3 aircraft were taken out of service as part of its fleet modernization strategy

"Emirates Airlines" carries 1.5 million passengers

Demand for air freight has risen strongly with the decline in passenger flights.

From the source

Emirates Airlines carried, during the period from April 1 to September 30, last, 1.5 million passengers, a decrease of 95%, compared to the same period last year.

The quantities of freight transported decreased by 35% to 0.8 million tons, and the proceeds more than doubled, by 106%.

This reflects the exceptional situation in the air freight market during the "Covid-19" pandemic, where the significant decrease in passenger flights resulted in limited capacity available, while demand for air freight increased strongly.

Emirates Airlines was able to load 65% of the cargo volumes it achieved in the same period last year, which indicates the great flexibility of its cargo arm in adapting its operations to provide services in these emerging situations.

Emirates SkyCargo quickly completed the modification of 10 Boeing 777-300ER passenger aircraft, introduced new operating protocols for safely loading cargo in the passenger cabin, and soon put these modified aircraft into service within the cargo network with vital safety protocols for employees.

Improve efficiency

During the first six months of the current fiscal year, Emirates Airlines released three aircraft from service as part of its long-term strategy to continue modernizing the fleet, improve efficiency, reduce emissions, and provide high-quality customer experiences.

And based on the directives of the General Authority of Civil Aviation in the United Arab Emirates, on March 25, Emirates Airlines suspended passenger flights temporarily, and cooperated with many governments and embassies to operate evacuation flights for nationals of various countries, until Dubai International Airport was reopened to "transit" traffic. Then regular passenger flights later.

Emirates Airlines has also worked, in full coordination with the health authorities in the country, to implement comprehensive precautionary measures for health and safety on the ground and in the air to protect its customers, employees and the communities it serves.

Reservation

Emirates Airlines has raised its commitment to customers to higher levels, by accelerating refunds, providing flexibility for re-reservations, and establishing a travel information center on its website to provide the latest developments regarding constantly changing travel requirements. It has also launched comprehensive medical coverage for Covid. -19 »For all passengers at no additional cost, for the first time in the industry.

The carrier gradually resumed its regular passenger service operations on May 21, and by September 30, the airline’s services were back to 104 cities with passenger and cargo flights.

Total energy

During the first six months of the fiscal year, the total capacity, measured in the number of available tons multiplied by the number of kilometers traveled "ATKM", decreased by 67% to reach 9.8 billion tons of kilometers available, due to the significant decrease in the number of scheduled flights during the past months, including This halted passenger flights at Dubai International Airport for eight weeks.

Passenger traffic, measured as RPKM, decreased by 96%, while the seat comfort rate fell to 38.6%, compared to 81.1% last year before the pandemic.

Tanker revenue

In the first half of the fiscal year 2020-2021, Emirates Airlines' losses amounted to 12.6 billion dirhams, compared to last year's profits of 862 million dirhams, while the airline’s revenues, including other operating revenues, recorded 11.7 billion dirhams, a decrease of 75%, compared to With 47.3 billion dirhams during the same period last year.

The decrease came as a result of strict restrictions on aviation and travel around the world due to the "Covid-19" pandemic.

Emirates Airlines' operating costs decreased by 52%, with overall capacity decreasing by 67%.

Fuel costs

Fuel costs have also decreased by 83%, compared to the same period last year, due to the decrease in oil prices (by 49% compared to the same period last year), as well as a decrease in the quantities of fuel used by 76%, as a result of the significant decline in aviation operations during Six-month period until the end of September.

EBITDA standard

The Emirates Group EBITDA standard remained positive at 290 million dirhams, compared to 13.2 billion dirhams for the same period last year, despite the significant contraction of operations during the six months of its current fiscal year 2020-2021.

EBITDA is a corporate performance measure that is an indicator of operating profitability, that is, the profits the company generates from its assets and operations.

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One billion dirhams 'Emirates Airlines' half revenue.

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