The Emirates Group: How Big & Profitable Is It?

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  • เผยแพร่เมื่อ 24 ธ.ค. 2024

ความคิดเห็น • 37

  • @RacingDriver17
    @RacingDriver17 หลายเดือนก่อน +41

    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
      @thetruthbehindplanes หลายเดือนก่อน +1

      and how old the 777 is.still going strong and no wing cracking

    • @Oceansta
      @Oceansta 28 วันที่ผ่านมา +1

      Whats the profit margin then?

    • @RacingDriver17
      @RacingDriver17 27 วันที่ผ่านมา

      @@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

  • @gpierre90
    @gpierre90 หลายเดือนก่อน +10

    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.

  • @doujinflip
    @doujinflip หลายเดือนก่อน +27

    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.

    • @argentaamore
      @argentaamore หลายเดือนก่อน

      Me too

    • @harunabhna6028
      @harunabhna6028 28 วันที่ผ่านมา

      You are a brokie u don't have money to buy burger stop commenting on TH-cam in your dreams you fly a plane 😂😂😂😂😂😂😂😂😂😂

    • @d.b.cooper1
      @d.b.cooper1 27 วันที่ผ่านมา +2

      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.

  • @manchesterunited6776
    @manchesterunited6776 หลายเดือนก่อน +21

    please make the revenue case study of Turkish airlines and Lufthansa.

  • @hughofIreland
    @hughofIreland หลายเดือนก่อน +14

    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.

    • @Oceansta
      @Oceansta 28 วันที่ผ่านมา +1

      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.

    • @d.b.cooper1
      @d.b.cooper1 27 วันที่ผ่านมา

      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.

  • @d.b.cooper1
    @d.b.cooper1 27 วันที่ผ่านมา +6

    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.

  • @FarhanAhmad-rp
    @FarhanAhmad-rp 15 ชั่วโมงที่ผ่านมา

    Specially sitting arrangement is quit impressive 🎉🎉

  • @michaelhealy3638
    @michaelhealy3638 วันที่ผ่านมา

    Great airline. Huge employer too!

  • @FarhanAhmad-rp
    @FarhanAhmad-rp 15 ชั่วโมงที่ผ่านมา

    Fenominal Airlines. Massive employer too!🎉🎉

  • @HengtimeConsult
    @HengtimeConsult หลายเดือนก่อน +6

    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.

    • @thetruthbehindplanes
      @thetruthbehindplanes หลายเดือนก่อน

      i dont care about service
      but if it aint boeing,i aint going

    • @charlesjay8818
      @charlesjay8818 หลายเดือนก่อน +2

      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

    • @tanzeel444
      @tanzeel444 หลายเดือนก่อน +1

      @@thetruthbehindplanes The company that's been marred with safety concerns? Did you get dropped on your head as a kid a lot?

    • @thetruthbehindplanes
      @thetruthbehindplanes หลายเดือนก่อน

      777 is younger than a320.
      and lets not forget a220 missing gear pins.

    • @jantjarks7946
      @jantjarks7946 หลายเดือนก่อน

      ​@@tanzeel444 His little village lately got electricity and internet, dont mind him.

  • @mohammedalathamneh937
    @mohammedalathamneh937 2 วันที่ผ่านมา

    How about the cost of new purchased A/C? How is this is accounted for?

  • @FIFA-ox2wk
    @FIFA-ox2wk หลายเดือนก่อน +1

    6 billion USd$$PROFIT ANNUALLY 📈 👏..

  • @rickvanwezel4344
    @rickvanwezel4344 หลายเดือนก่อน +2

    Can you do KLM

  • @Dominic-vo8ex
    @Dominic-vo8ex หลายเดือนก่อน

    Please make a similar study on qatar airways ❤

  • @RhysSebolino
    @RhysSebolino หลายเดือนก่อน +5

    Flown Emirates a few times

  • @sn0llyg0ster727
    @sn0llyg0ster727 16 วันที่ผ่านมา +4

    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...😎🔥

  • @MoonwalkerMJ25
    @MoonwalkerMJ25 หลายเดือนก่อน

    MAG please (Malaysia Aviation Group)

  • @FIFA-ox2wk
    @FIFA-ox2wk 19 วันที่ผ่านมา

    70 billion usd $ profit annually?

  • @BlindBiker3
    @BlindBiker3 หลายเดือนก่อน +1

    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.

  • @Samanbeachhikkaduwa
    @Samanbeachhikkaduwa หลายเดือนก่อน

    🙋‍♂️🎵

  • @Oceansta
    @Oceansta 28 วันที่ผ่านมา

    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