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.
Ghana considers the UAE a strategic partner in its development journey, particularly in economic growth and infrastructure reform, Lydia Lamisi Akanvariba, Minister of State for Public Sector Reform of Ghana, said at the World Governments Summit on Wednesday.
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), on the sidelines of the World Governments Summit, aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?