Emirates is set to receive its first Airbus A350 aircraft in October, with a total of five Airbus aircraft expected to be delivered to the airline by the end of 2024.
Adel Alredha, Deputy President and Chief Operations Officer - Emirates Airline, said on the sidelines of the first edition of Dubai AI and Web3 Festival that the airline will receive five Airbus aircraft by the end of December this year, while no Boeing aircraft have been received so far.
He added: ''Due to delays in aircraft deliveries, we have had to extend the service of some of our current aircraft.''
Alredha also said the company's aircraft retrofit programme covers 190 aircraft, following an increase in the number of aircraft targeted for modernisation, according to a plan that costs over $3 billion (AED 11 billion).
Alredha explained that the delivery challenges date back years, as many companies involved in aircraft manufacturing were affected during the COVID-19 pandemic, either by reducing production or laying off a percentage of their workforce.
As a result, the demand for air travel was very high, exceeding these companies' ability to meet market demands and reorganise their operations effectively.
Family businesses remain a vital force in the UAE’s economy, contributing around 60 per cent of the country’s GDP, providing more than 80 per cent of jobs, and making up nearly 90 per cent of all private sector companies.
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.
Microsoft has expanded its global skilling initiative - Elevate - to equip more than 250,000 students, staff and faculty and more than 55,000 government employees in the UAE with AI skills.
The Emirates Group has announced a record profits of AED 12.2 billion ($3.3 billion) for the first six months of 2025, driven by strong travel demand "despite geo-political events and economic concerns in some markets".
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