Emirates Airline, based in Dubai, UAE, has doubled its sales over the past five years, hitting about $20 billion in 2013.
This makes Emirates, a relatively new company, about one-half the size of United Airlines, but United’s growth has been fueled recently by the acquisition of Continental, not by the aggressive expansion practiced by these Middle Eastern firms. This stunning growth, which is stealing market share from the other long-haul, international airlines, is the result of carefully orchestrated, massive investment over a relatively short period of time. Emirates’ reach now extends to 132 cities in 77 nations on six continents. Competitor Etihad Airways, also based in the UAE and already at $5 billion in revenues, has similar expansion goals.
What’s going on here? How did a nation of only 170,000 citizens become a world power in airlines? In a bold and ambitious gamble, backed with billions of dollars, the government of Dubai took advantage of the fact that jet airlines based in Dubai can reach two thirds of the world’s population in eight hours of flight time or less. If you look at a world map, it’s easy to see that the UAE makes a perfect hub for linking passengers from Europe to Africa, India and the rest of the Asia-Pacific region—the parts of the world that are growing fastest in terms of air passenger travel and air freight.
For more data and statistics on the transportation, supply chain and logistics business, see
Our new Plunkett’s Transportation, Supply Chain & Logistics Industry Almanac 2014 is your key understanding to this growing industry.
Plunkett’s Transportation, Supply Chain & Logistics Industry Almanac 2014 Edition
Print ISBN: 978-1-60879-732-5
eBook ISBN: 978-1-60879-992-3
Published Date: April 2014