Emirates to Idle 10% of Jets as Dubai Runway Revamp Cuts Flights - Bloomberg

Emirates to Idle 10% of Jets as Dubai Runway Revamp Cuts Flights - Bloomberg:



"Emirates, the biggest international airline by passenger traffic, will idle 10 percent of its fleet for almost three months, crimping sales, as runway repairs curtail capacity at its Dubai International hub.



The largest operator of Boeing Co. (BA) 777 long-range jets and Airbus Group NV (AIR) A380 superjumbos will ground 18 to 20 planes, President Tim Clark said in Dubai. Fleet expansion won’t be affected, with Emirates still looking to add 22 jets this year.



Growth at Emirates fueled a 15 percent jump in passenger numbers to more than 66 million at Dubai International last year as takeoffs and landings rose 7.5 percent. The airport is upgrading terminals and runways to boost capacity to 90 million.



The disruption “has an impact on revenue and we have to manage that,” Clark said the 2014 United Arab Emirates Government Summit. “We will try to fit all that revenue on the remaining services.”"



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