Sir Tim Clark, President of Emirates Airline, made a bold declaration following the introduction of the first Airbus A350-900 to its fleet on Wednesday: “We are always expansionist, and we want more.” Clark emphasized that Dubai’s leading carrier is pursuing an accelerated growth strategy, particularly highlighting the expansion of Al Maktoum International Airport (DWC). Once completed, DWC is projected to become the world’s largest and busiest passenger terminal, capable of handling up to 260 million travelers annually.
In an interview with reporters, Clark stated, “We have a significant amount of work ahead over the next ten to 50 years. The new airport will be operational soon, which opens up numerous opportunities. We are expanding to accommodate this new facility.” However, the most significant challenge, according to Clark, is the availability of aircraft. “We simply want more planes, but we can’t obtain them,” he added, attributing delays in aircraft deliveries to hindering their expansion plans. Clark noted, “Our progress has been hampered by the Covid pandemic and supply chain delays. We are eager to receive the aircraft we urgently need.”
Clark also expressed frustration over the delays and uncertainties affecting the delivery of Emirates’ order of Boeing aircraft. “If the Boeing 777-9X had been delivered, we would have 85 new planes by now,” he said, emphasizing, “We are anxiously awaiting these deliveries. Regarding our network, we cannot significantly expand beyond its current size.” He further highlighted that the remaining 64 A350s are crucial for Emirates’ growth strategy.
Despite the challenges, Clark dismissed the idea of reviewing the 777-9X orders from Boeing, expressing optimism that Boeing will resolve their current issues with the recent $21 billion injection into the company. “They will need a few months to address their situation, and we are closely monitoring the developments,” he said.
Regarding future IPO plans, Clark did not provide a direct response, stating that it is a decision for the company’s shareholders. He also assured that the airline has sufficient funds to support its expansion plans.
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