Thursday, 22 May 2025

Emirates Group Posts Record AED 22.7B Profit, Tops Global Aviation in 2024–25

Published: Sunday, May 11, 2025
Emirates Group Posts Record AED 22.7B Profit, Tops Global Aviation in 2024–25

The Emirates Group has announced its strongest financial results ever for the fiscal year ending March 31, 2025, posting a record pre-tax profit of AED 22.7 billion (US$ 6.2 billion), marking an 18% increase compared to the previous year. The Group’s total revenue climbed 6% to AED 145.4 billion (US$ 39.6 billion), while cash reserves rose by 13% to reach AED 53.4 billion (US$ 14.6 billion).

Earnings before interest, taxes, depreciation, and amortization (EBITDA) also hit a new high of AED 42.2 billion (US$ 11.5 billion), reflecting strong operational efficiency.

At the forefront, Emirates airline delivered a pre-tax profit of AED 21.2 billion (US$ 5.8 billion), up 20%, alongside record revenues of AED 127.9 billion (US$ 34.9 billion). The airline’s cash holdings increased by 16% to AED 49.7 billion (US$ 13.5 billion). Emirates expanded its route network to 148 cities across 80 countries, introducing new destinations such as Bogotá and Madagascar, while resuming flights to major cities including Phnom Penh, Lagos, Adelaide, and Edinburgh.

The carrier enhanced services to 21 destinations and strengthened its global connectivity through 33 codeshare and 118 interline agreements, providing access to over 1,750 cities worldwide. Passenger and cargo capacity grew by 4% to 60.0 billion Available Ton Kilometers (ATKMs), nearing pre-pandemic levels. The fleet expanded with the addition of Airbus A350 aircraft, bringing the total to 260 planes, with an average fleet age of 10.7 years and a substantial order backlog to support future growth.

Dnata, the Group’s aviation services division, also posted solid gains, recording a pre-tax profit of AED 1.6 billion (US$ 430 million), a 2% increase, and revenues up 10% to AED 21.1 billion (US$ 5.8 billion). The division’s cash reserves stood at AED 3.7 billion (US$ 1 billion).

This fiscal year was the first affected by the UAE’s newly implemented corporate tax, resulting in a 9% tax charge and a net profit after tax of AED 20.5 billion (US$ 5.6 billion). The Emirates Group declared a dividend payout of AED 6.0 billion (US$ 1.6 billion) to its sole shareholder, the Investment Corporation of Dubai. Additionally, employees will benefit from a record bonus equivalent to 22 weeks’ salary.

Chairman Sheikh Ahmed bin Saeed Al Maktoum attributed the Group’s exceptional performance to strong leadership, a resilient business model, and Dubai’s dynamic economic environment. He highlighted plans to reinvest profits into enhancing customer experience, employee welfare, and technological advancements to maintain the Group’s competitive edge.

Emirates’ ongoing network expansion, operational excellence, and premium service focus have solidified its status as the world’s most profitable airline and positioned the Emirates Group as the leading global aviation group for the 2024-25 financial year.

Qatar Airways Charts Future with Record Boeing Deal

Published: Wednesday, May 21, 2025
Qatar Airways Charts Future with Record Boeing Deal

Qatar Airways has set a bold new course for the next two decades with a landmark aircraft order from Boeing, signaling a pivotal step in the airline’s long-term fleet strategy until 2045. The deal, announced during the Qatar Economic Forum, is set to redefine aviation connectivity and passenger experience for the world-renowned carrier.

A Historic Fleet Transformation

The Group CEO of Qatar Airways, Eng. Badr Mohammed Al-Meer, unveiled the airline’s ambitious vision at the forum’s opening. “We started this process back in March and April of 2024, creating a competitive environment between Boeing and Airbus, as well as between engine manufacturers Rolls-Royce and GE,” Al-Meer explained. “It was a very close call at every stage, but Boeing ultimately provided us with the best commercial and technical proposal.”

The new fleet—comprising up to 210 widebody jets—will begin arriving in May 2029 and is designed to support Qatar Airways’ global expansion, network enhancement, and the retirement of older aircraft. This investment is the largest widebody order in Boeing’s history and the most significant in Qatar Airways’ portfolio.

Unmatched Demand and Growth

Despite industry headwinds, demand for Qatar Airways’ services is at an all-time high. “We are witnessing demand that we simply cannot cater to at present,” Al-Meer noted. “Our load factors are at historic highs, averaging 85.6 percent, and reaching 95 to 96 percent in some sectors.”

The airline’s financial performance reflects this momentum, with April 2025 marking the best month in its history and May expected to set new records. “Advanced bookings give us confidence that Q1 will outperform last year’s figures by a significant margin,” Al-Meer added, highlighting a 28 percent jump in net profit and 6 to 8 percent revenue growth, driven by efficiency and new revenue streams.

Strategic Partnerships and Market Expansion

Qatar Airways is not only expanding its fleet but also its global footprint. The airline’s strategic investment in Virgin Australia has overcome longstanding restrictions, increasing weekly flights to Australia from 21 to 49—a win for both airlines and consumers. “This is a win-win for us, Virgin Australia, and most importantly for Australian consumers, offering them more choice and competitive fares,” Al-Meer said.

Beyond Australia, Qatar Airways is targeting high-demand markets in the Far East, where regulatory restrictions persist. “While we have open skies with Europe and the US, we face bilateral limits in Asia,” Al-Meer explained, noting partnerships with Malaysia Airlines and other regional carriers to balance East and West.

Confidence in the Future

Al-Meer emphasized that the new aircraft order reflects the airline’s confidence in future market trends and its commitment to maintaining one of the world’s youngest and most efficient fleets. “For now, this is the order we have placed until we see how the market evolves,” he said, signaling readiness to adapt as the aviation landscape changes.

With the skies opening wider than ever, Qatar Airways’ historic Boeing deal is set to power growth, elevate traveler experiences, and strengthen air connectivity across continents—ushering in a new era for global aviation.

Pakistan Extends Airspace Ban on India for Another Month Amid Escalating Tensions

Published: Wednesday, May 21, 2025
Pakistan Extends Airspace Ban on India for Another Month Amid Escalating Tensions

KARACHI, May 21, 2025 — Pakistan is set to extend the closure of its airspace for Indian flights for another month, with an official announcement expected by Thursday. The move follows a National Security Committee (NSC) meeting earlier this month, where Pakistan resolved to maintain the ban after India took what it termed "provocative steps" following the deadly Pahalgam attack in April.

A Notice to Airmen (Notam) will be issued once the extension is confirmed. Under International Civil Aviation Organisation (ICAO) rules, airspace restrictions cannot exceed one month at a time, requiring periodic renewals.

The restrictions, which apply to both commercial and military aircraft, are a response to heightened tensions between the nuclear-armed neighbors. The crisis escalated after an armed attack in Pahalgam, Indian Illegally Occupied Jammu and Kashmir (IIOJK), which killed 26 tourists. India retaliated by closing its airspace to Pakistani flights on April 23, prompting Islamabad to reciprocate the following day.

Escalation and Military Response

Further tensions erupted when India launched attacks on multiple Pakistani cities on May 6–7. In response, Pakistan’s armed forces initiated a large-scale retaliatory operation, "Operation Bunyan-um-Marsoos," targeting several Indian military sites on May 10. The conflict prompted global powers to intervene, resulting in a ceasefire that remains in effect.

Aviation Fallout

While Pakistan’s aviation sector remains largely unaffected—with only one eastbound flight rerouted via China and limited Far East operations—Indian airlines are reeling from the fallout. Indian carriers are estimated to have lost over Rs8 billion in the past month alone, with Rs5 billion attributed to additional fuel costs and Rs3 billion to forced stopovers for long-haul flights.

Indian airlines operating Boeing 777 and Airbus A320 family aircraft are enduring 2 to 4 extra hours of flight time per journey. With about 150 flights rerouted daily, fuel consumption has skyrocketed. At current jet fuel prices, Indian airlines are spending nearly $557,625 daily on extra fuel—totaling over Rs5 billion in a month.

Extended travel times have also triggered crew duty hour limitations, requiring crew changes at transit airports, and adding costs for landing fees, refuelling, and airport services. These stopover expenses have amounted to between Rs2.5 and Rs3 billion over the past 30 days.

Air India is reportedly the worst-hit, seeking government financial support. Other airlines, including Akasa Air, SpiceJet, IndiGo, and Air India Express, are also facing operational disruptions. Flights from cities like Amritsar, Delhi, Ahmedabad, Bangalore, and Jaipur must now take longer western routes over the Arabian Sea, affecting connections to North America, Europe, and the Middle East.

Historical Context

This is not Pakistan’s first airspace closure targeting India. Similar restrictions were imposed during the 1999 Kargil conflict and the 2019 Pulwama crisis, both of which caused greater aviation disruptions for India than Pakistan.

Looking Ahead

If the ban persists and the Indian government does not provide special assistance, Indian airlines may be forced to take extraordinary measures to sustain operations. Meanwhile, Pakistani officials highlight that the conditions prompting the closure have not improved, and the aviation department is prepared to issue a new Notam before the current restriction period ends.

Runway Roulette: Near-Miss at LaGuardia Exposes Flaws in U.S. Air Traffic Control

Published: Wednesday, May 21, 2025
Runway Roulette: Near-Miss at LaGuardia Exposes Flaws in U.S. Air Traffic Control

A heart-stopping close call at New York’s LaGuardia Airport (LGA) has thrust air traffic control (ATC) safety under the spotlight, as an American Airlines flight nearly took off on a runway still occupied by a United Airlines jet.

The drama unfolded around 12:30 AM on Tuesday, May 6, 2025. United Airlines flight UA2657, a Boeing 737-800 arriving from Houston, was instructed to taxi down Runway 13 and exit at a designated taxiway. Meanwhile, American Eagle flight AA4736, an Embraer E175 operated by Republic Airways, was cleared to line up and wait on the same runway for its scheduled departure to Buffalo.

Chaos erupted when United missed its planned exit and ground control redirected the aircraft to another taxiway—all while it remained on the active runway. In a critical lapse, the tower controller then authorized American Eagle to begin its takeoff roll, unaware that United had not yet cleared the runway.

As American Eagle accelerated past 100 knots, an automated conflict alert blared and the controller urgently tried to abort the takeoff. But a Spirit Airlines pilot’s simultaneous radio transmission blocked the crucial warning, delaying the message to American Eagle—exposing the fragility of current communication protocols.

Experts point to systemic flaws in U.S. ATC procedures, particularly the division of runway control between tower and ground controllers on separate frequencies. Unlike many international airports, where the tower maintains full control until an aircraft exits the runway, LaGuardia’s system creates dangerous blind spots. This setup, combined with high traffic density and overlapping radio chatter, dramatically increases the risk of catastrophic errors.

The incident is just the latest in a string of near-misses that have raised alarms about the need for urgent reform. Industry insiders and safety advocates are calling for a single point of runway control, enhanced technology, and improved communication systems to eliminate confusion and prevent future runway incursions. Until these changes are made, the skies above America’s busiest airports may remain a high-stakes gamble for travelers and crews alike

Ticket Torn, Trust Shattered: Viral Airport Outburst Sparks Outrage and Official Action

Published: Wednesday, May 21, 2025
Ticket Torn, Trust Shattered: Viral Airport Outburst Sparks Outrage and Official Action

A dramatic scene at Phu Quoc International Airport has sparked outrage and a swift disciplinary response after a Vietnamese immigration officer publicly tore up a Taiwanese tourist’s flight ticket, an incident that quickly went viral on social media.

On May 13, a Taiwanese family of four—parents traveling with two unwell children—arrived at the airport for their return flight home. The parents, each carrying a child, requested to process immigration procedures in pairs for safety and convenience. However, the officer denied their request and instructed them to wait aside.

When the family sought clarification about when they could proceed, the situation escalated. The officer abruptly snatched the mother’s flight ticket and tore it in half, publicly berating the family in front of other travelers. The distressed mother shared the ordeal online, where it rapidly gained widespread attention and criticism.

Airport authorities quickly stepped in, reprinting the family’s ticket and ensuring they could complete their journey. The Vietnamese Ministry of Public Security announced the officer’s suspension on Monday, citing an "inappropriate attitude" toward tourists as the reason for disciplinary action.

The incident has fueled heated debate about professionalism and service standards at Vietnam’s border checkpoints, with both Vietnamese and Taiwanese netizens condemning the officer’s behavior and calling for improved training and accountability in the tourism sector. Despite the controversy, the family later received an apology from local officials and the travel agency, though the mother chose to keep her social media post online as a reminder of the incident

Qatar’s Tourism Boom: Sector Set to Fuel Economy with QR124bn in 2025 Surge

Published: Tuesday, May 20, 2025
Qatar’s Tourism Boom: Sector Set to Fuel Economy with QR124bn in 2025 Surge

Qatar’s travel and tourism sector is on a robust upward trajectory, projected to contribute a staggering QR124.2 billion to the national economy in 2025, solidifying its role as a key economic driver, according to the World Travel & Tourism Council (WTTC).

The sector’s growth outlook is optimistic, with forecasts estimating its value to reach QR166.6 billion by 2035. International visitors dominate travel spending, accounting for nearly 90%, while over 75% of trips are leisure-related, underscoring Qatar’s rising global appeal as a top destination.

Employment in the sector is also set to expand significantly, supporting over 350,000 jobs in 2025 and expected to exceed 487,000 by 2035. Spending by international tourists is projected to hit QR98.8 billion this year, with domestic tourism contributing an additional QR12.6 billion. By 2035, these figures are expected to grow to QR144.7 billion and QR16.7 billion respectively.

Qatar kicked off 2025 with strong momentum, welcoming more than 1.5 million international visitors in the first quarter alone. This surge is attributed to an integrated tourism strategy leveraging high-profile events, strategic partnerships, and diverse destination experiences. Visitors from the GCC (36%), Europe (28%), and Asia and Oceania (20%) highlight Qatar’s broadening market reach.

The country’s diversified access strategy is evident in visitor arrivals by air (51%), land (34%), and sea (15%), enhancing connectivity and convenience for travelers. Qatar’s leadership in regional tourism was reaffirmed by hosting the 51st UN Tourism Regional Committee for the Middle East, focusing on sustainable tourism driven by sports, innovation, and infrastructure.

Qatar’s travel and tourism sector is not only a pillar of economic growth but also a beacon of regional leadership and international appeal, poised for continued expansion and global recognition.