Air Freight News

Emirates CEO says Boeing needs to get faster, stick to promises

The chairman of Emirates said he’s been given assurance by Boeing Co. management that the embattled planemaker will get its house in order following long delays on the 777X widebody, for which the Dubai airline is the biggest customer.

With the “delay that we see, I don’t think we’re happy,” Emirates Chairman and Chief Executive Officer Sheikh Ahmed bin Saeed Al Maktoum said of the 777X airliner. “Management promised that they will change things and make things go faster — I hope so.”

Speaking in an exclusive interview in Dubai, Sheikh Ahmed said he recently met with Boeing executives, adding that management at the planemaker would be well advised “to keep up with any promise.” 

“I’m not saying we’re stuck, but there are only two players with Boeing and Airbus,” Sheikh Ahmed said, referring to the duopoly in the market for large commercial aircraft that’s split between the US and the European manufacturer. 

Emirates is among the biggest clients for Boeing and Airbus, having built its massive fleet of long-distance aircraft around products from both companies. The airline recently ordered more of Boeing’s 777X, which has been delayed to the middle of next year because of certification issues. As a result, the carrier is upgrading the interiors of older planes to extend their lifetime. 

Sheikh Ahmed said the company has a succession plan in place for top management should longtime President Tim Clark decide to step down. While Clark’s retirement plans are “something between us,” a recent reorganization of top leadership positions provides a clue of who might eventually replace him, Sheikh Ahmed said. 

In February, Emirates promoted Chief Operations Officer Adel Al Redha and Chief Commercial Officer Adnan Kazim to deputy president roles under Clark. Other potential successors include Gaith Al-Gaith, the head of Emirates’ regional partner FlyDubai, who has previously been identified by Sheikh Ahmed as a possible next president of the airline group. 

“Within the organization, you can always see the ones who are on top — they are the most likely when there is any change they will step in,” Sheikh Ahmed said. 

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

IndiGo quarterly profit drops as demand slows, fuel costs surge

India’s largest airline IndiGo posted a 12% drop in its quarterly profit weighed down by slowing demand as well as surging engine-related and fuel costs. Analysts were expecting a steeper…

View Article
Boeing’s Pope makes mark at aviation show as CEO search heats up

The top internal candidate to become Boeing Co.’s next chief executive officer made the rounds at the Farnborough International Airshow this week, raising her profile at the embattled planemaker as…

View Article
Qatar Airways in talks to acquire stake in South African Airlink

Qatar Airways is in talks to buy a stake in South Africa’s SA Airlink Pty Ltd. as the Doha-based airline seeks to expand its presence on the continent, according to…

View Article
https://www.ajot.com/images/uploads/article/WorldACD-Air-Cargo-Trends--June-2024.jpg
WorldACD Air Cargo Trends: June 2024 and first-half 2024 review
View Article
China’s low-gear economy dims global outlook for oil

China’s struggle to kick start its stuttering economy has spawned forecasts of weaker fuels consumption during the rest of this year, darkening the global demand outlook for oil.

View Article
https://www.ajot.com/images/uploads/article/Latam_Air.jpg
Latam Airlines US shares up 2.9% after $456 million offering
View Article