Thursday, 2 December 2021

Emirates boss sees airline's future in aviation hub model | Reuters

Emirates boss sees airline's future in aviation hub model | Reuters

Emirates President Tim Clark sees its aviation hub business model as central to the airline's future despite the damage the COVID-19 pandemic has wrought upon parts of the travel industry.

As one of the world's biggest long-haul carriers, Emirates has over the past 35 years transformed Dubai into a major gateway for international travellers and a tourism hub.

Global demand remains "hugely resilient" despite the pandemic and such crises can increase market segmentation as happened in the wake of the 2008 global financial crisis and the September 11 attacks on the United States in 2001, Clark said.

"That's probably not what people are saying out there. But I can tell you that is the fact for Emirates. It's so, each time we have a global trauma, it creates new segments for us," he said in an interview for the Reuters Next conference.

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