I have calculate the profit margin of emirates, with profit almost 4,7 billion USD and 33 billion USD of revenue. The profit margin was on par with Iberia or SIA in 2023. While it was different year it was impressive since how old the A380 now and the future, well executed and Majestic of Suprejumbo❤❤❤
@@thetruthbehindplanes just a different plane, the 777 looks more promising for No wing cracking, but A380 not really sure while they also robust. 777x would be perfect perfect replace, cause it can pull more profit
Impressive for sure, I knew Dnata was part of the group as well as Arabian adventures, hotels like Walgon valley in Australia, but I wasn't sure how big was big, if you know what I mean. You learn something new everyday. Thanks.
Their profitably reflects in their pricing, both in cash and point redemptions. I've since been migrating my flight plans towards competitors like Qatar, Turkish, Etihad, Singapore, and even Oman and Gulf Air because of EK's coasting.
Yep, just too pricey post covid. Can’t recall the last time they were competitive on a route I wanted. But fair play to them if they can continue filling planes despite high prices.
Given such a low load factor, the revenue and profit figures are very impressive. It’s no wonder other airlines in the area are copying this business model.
60% seems really low but considering they only need about 50% I guess it makes sense. Imagine having a 100% load factor which they could if they lowered their fares for economy.
True it’s low, but you also gotta understand that they fly several times a day to many airports on their routes. E.g. even Manchester gets a crazy 3x daily A380 flights. Those are a huge number of seats to fill & eat into load factors. Even to smaller airports in the U.K. like Newcastle they still fly 777 almost daily. It’s all about economies of scale & offering as many options to consumers to connect in their hub.
Impressive stuff. But given how much it relies on Europe at 31%…they really need to be more price competitive imo. Post Covid they’re nowhere near competitive, especially with the recent comeback of Chinese airlines who connect to south east Asia. Along with other gulf airlines who do discount with same quality (Ethiad/Qatar) I can see them cutting further into these margins. Although Emirates seems be profiting heavily off of Dubai itself now becoming a huge destination in its own right, in which case you only have 1 option usually unless you wanna go Abu Dhabi.
Emirates used to be a prime airline. Great service, nice and new planes,, a very interesting frequent flyer program, value for money across the board. Over the years this has changed dramatically. The service has deteriorated, ticket prices are not remarkably cheaper than competitors. The Skywards program is basically for most people completely useless. My last flight from Hong Kong via Bangkok to Dubai in Business Class was a shock. The plane from BKK to Dubai was basically falling apart. The service was done clumsily and un attentive. We are not using Emirates anymore.
Blame Boeing, they are going to be over 5 YEARS LATE with the delivery of their 777X, which is what you probably would have flying on. So unfortunately your stuck on a dated plane which they are not going to spend millions re-fitting just for it's last few years of service. As far as the you-tube videos show they still seem to be pretty good, plenty of vloggers flying 1st or biz using points/redemptions, champagne still flowing left right and center etc etc. Yes i agree on some routes they use their worst planes and crew. Dubai to London you get the best planes and crew, Dubai to Colombo Srilanka you get the worst planes and okay crew from my experience. There still better than many other airlines out there
Meanwhile a conglomerate way larger than Lufthansa & Emirates group aka TATA sells everything from a tea bag to Starbucks on their own Air India airlines & donates most of the profit that they make!! Now that's what the real scale is called...😎🔥
The data is very poorly presented in the video. Revenue ================ Passenger Division: $27B Cargo Division: $3.7B Others: $1B Total Revenue: $32B ================ Expenses 27.5B ================ Profit $5B
I have calculate the profit margin of emirates, with profit almost 4,7 billion USD and 33 billion USD of revenue. The profit margin was on par with Iberia or SIA in 2023. While it was different year it was impressive since how old the A380 now and the future, well executed and Majestic of Suprejumbo❤❤❤
and how old the 777 is.still going strong and no wing cracking
Whats the profit margin then?
@@thetruthbehindplanes just a different plane, the 777 looks more promising for No wing cracking, but A380 not really sure while they also robust. 777x would be perfect perfect replace, cause it can pull more profit
Impressive for sure, I knew Dnata was part of the group as well as Arabian adventures, hotels like Walgon valley in Australia, but I wasn't sure how big was big, if you know what I mean. You learn something new everyday. Thanks.
Their profitably reflects in their pricing, both in cash and point redemptions. I've since been migrating my flight plans towards competitors like Qatar, Turkish, Etihad, Singapore, and even Oman and Gulf Air because of EK's coasting.
Me too
You are a brokie u don't have money to buy burger stop commenting on TH-cam in your dreams you fly a plane 😂😂😂😂😂😂😂😂😂😂
Yep, just too pricey post covid. Can’t recall the last time they were competitive on a route I wanted. But fair play to them if they can continue filling planes despite high prices.
please make the revenue case study of Turkish airlines and Lufthansa.
Given such a low load factor, the revenue and profit figures are very impressive. It’s no wonder other airlines in the area are copying this business model.
60% seems really low but considering they only need about 50% I guess it makes sense.
Imagine having a 100% load factor which they could if they lowered their fares for economy.
True it’s low, but you also gotta understand that they fly several times a day to many airports on their routes. E.g. even Manchester gets a crazy 3x daily A380 flights. Those are a huge number of seats to fill & eat into load factors. Even to smaller airports in the U.K. like Newcastle they still fly 777 almost daily. It’s all about economies of scale & offering as many options to consumers to connect in their hub.
Impressive stuff. But given how much it relies on Europe at 31%…they really need to be more price competitive imo. Post Covid they’re nowhere near competitive, especially with the recent comeback of Chinese airlines who connect to south east Asia. Along with other gulf airlines who do discount with same quality (Ethiad/Qatar) I can see them cutting further into these margins. Although Emirates seems be profiting heavily off of Dubai itself now becoming a huge destination in its own right, in which case you only have 1 option usually unless you wanna go Abu Dhabi.
Specially sitting arrangement is quit impressive 🎉🎉
Great airline. Huge employer too!
Fenominal Airlines. Massive employer too!🎉🎉
Emirates used to be a prime airline. Great service, nice and new planes,, a very interesting frequent flyer program, value for money across the board. Over the years this has changed dramatically. The service has deteriorated, ticket prices are not remarkably cheaper than competitors. The Skywards program is basically for most people completely useless. My last flight from Hong Kong via Bangkok to Dubai in Business Class was a shock. The plane from BKK to Dubai was basically falling apart. The service was done clumsily and un attentive. We are not using Emirates anymore.
i dont care about service
but if it aint boeing,i aint going
Blame Boeing, they are going to be over 5 YEARS LATE with the delivery of their 777X, which is what you probably would have flying on. So unfortunately your stuck on a dated plane which they are not going to spend millions re-fitting just for it's last few years of service. As far as the you-tube videos show they still seem to be pretty good, plenty of vloggers flying 1st or biz using points/redemptions, champagne still flowing left right and center etc etc. Yes i agree on some routes they use their worst planes and crew. Dubai to London you get the best planes and crew, Dubai to Colombo Srilanka you get the worst planes and okay crew from my experience. There still better than many other airlines out there
@@thetruthbehindplanes The company that's been marred with safety concerns? Did you get dropped on your head as a kid a lot?
777 is younger than a320.
and lets not forget a220 missing gear pins.
@@tanzeel444 His little village lately got electricity and internet, dont mind him.
How about the cost of new purchased A/C? How is this is accounted for?
6 billion USd$$PROFIT ANNUALLY 📈 👏..
Can you do KLM
Please make a similar study on qatar airways ❤
Flown Emirates a few times
Meanwhile a conglomerate way larger than Lufthansa & Emirates group aka TATA sells everything from a tea bag to Starbucks on their own Air India airlines & donates most of the profit that they make!! Now that's what the real scale is called...😎🔥
MAG please (Malaysia Aviation Group)
70 billion usd $ profit annually?
I think they are powered by the government, which is not good. But we wouldn’t know if they are profitable unless we were in the company.
🙋♂️🎵
The data is very poorly presented in the video.
Revenue
================
Passenger Division: $27B
Cargo Division: $3.7B
Others: $1B
Total Revenue: $32B
================
Expenses 27.5B
================
Profit $5B