The demand for air travel is quite high all across the globe, especially in the Middle Eastern, African and Asian markets. As per International Air Transport Association (IATA) reports, the number of domestic as well as international flights operated by airlines based in these regions is expected to increase in the coming years. One such operator is Emirates, which shares the status of the flag carrier of the United Arab Emirates, with the Etihad Airways. It ranks among the top ten carriers of the world, and is the largest operator in the Middle East region as far as passenger kilometres are concerned. Currently, it serves more than 3500 flights every week, from its primary hub at Dubai International Airport. The extensive network route connects over 142 cities of the world, including Mumbai, Houston, Los Angeles and many more. Rapid growth plan includes addition of capacity on busy routes and launch of new flights as the demand is rising.
The fleet size of Emirates features latest offerings from Boeing and Airbus. As per reports, the company placed order for around 20 aircraft in the year 2013 alone that included demand of 140 Airbus 380s. Operating these latest models and its timely maintenance ensures safety of fliers. The carrier has been acknowledged for its commitment to operational excellence and safety. It was given the number eight spot by Air Transport World in the year 2012. In addition to this, it has been awarded the 4-star status by Skytrax.
Take on Decreasing Fuel Prices
The cost of Aviation Turbine Fuel (ATF) dropped significantly in the past few months. Hence, it was expected that the cost of seat reservations with different carriers will decrease. However, carriers were operating at razor thin profits due to stiff competitions, and this can be a great chance for them to add revenue in their financial books. Airlines and respective authorities are studying different perspectives and may soon introduce new pricing strategies. The study includes the profit, future challenges and measures to overcome the debt. However, experts are of an opinion that these changes will certainly give rise to cheap international air tickets and domestic ones. As per reports, the cost of ATF has decreased by around 60 per cent, and it resulted in a huge boost in the earning of flight service providers. As it is one of the largest airlines in that region, the price cut will lead to reduction in the airfare quoted by other airlines operating in the Middle Eastern market.
Benefits to Fliers
As per reports, carriers introduced offers and discounts at the cost of their profits; hence will consider a broader margin in order to execute investment plans in the coming months. Popular airlines offers dropped the profit graph of respective airlines. These airlines will also consider these occasional discounts or offers before deciding on the price. However, irrespective of broader profit margins, airfare will decrease. In case the flight ticket does not become cheaper, service providers may add extra services at the same cost. For instance, meals can be provided for free during the journey or headphones can be offered without any additional cost.