Emirates noncommittal on future aircraft deliveries

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Emirates (EK, Dubai Int’l) is “nowhere near confident enough” to commit to taking deliveries of all of its ordered aircraft, outgoing president Tim Clark said during a webinar hosted by the Arabian Travel Market. Clark underlined that the airline needs to “keep cash where it needs to be” as a matter of “surviving the present” before it can think about future deliveries. He underlined that “the economics, the cash flows, the bottom line” will inform the carrier’s commitments to “buy a hundred of this or a hundred of that”. According to the ch-aviation fleets advanced module, Emirates currently has 203 undelivered aircraft on firm order from Airbus and Boeing, comprising fifty A350-900s, eight A380-800s, fourteen B777-8s, 101 B777-9s, and thirty B787-9s. Its sister carrier flydubai (FZ, Dubai Int’l) has orders for a further 237 B737 MAX, including at least sixty-five B737-8s and fifty B737-10s. Clark added that for the time being, Emirates does not need the bulk of its already delivered fleet. But, while it could technically restart full-scale operations within 48 hours, he does not foresee a recovery to pre-crisis levels for another four years.

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