Wizz Air Abu Dhabi touches down in Belgrade

GLOBAL AVIATION NEWS

Emirates posts first loss in 30 years

Dubai-based Emirates airline has posted a $5.5 billion annual loss, its first in more than three decades, after the coronavirus pandemic devastated the aviation industry. The carrier said it received a capital injection of $3.1 billion from its owner, the government of Dubai, to help it survive the crisis. The Emirates group was "hit hard by the drop in demand for international air travel as countries closed their borders and imposed stringent travel restrictions", said Chairman and Chief Executive, Sheikh Ahmed bin Saeed Al Maktoum. "No one knows when the pandemic will be over, but we know recovery will be patchy", he said in a statement. The Middle East's largest carrier said that the fallout triggered a loss of 20.3 billion dirhams ($5.5 billion) over the financial year to March, after last year's 1.1 billion dirhams ($288 million) profit. The airline, which was forced to temporarily suspend scheduled operations last year, saw revenue fall 66% to $8.4 billion. Over the fiscal year Emirates carried 6.6 million passengers, down 88% from the same period in the previous year. "The Covid-19 pandemic continues to take a tremendous toll on human lives, communities, economies, and on the aviation and travel industry", Sheikh Ahmed said. "Economies and companies that entered pandemic times in a strong position, will be better placed to bounce back", he added. The last time the airline reported a loss was in the 1987-88 financial year, when it was starting up its operations. Like other major carriers, Emirates began announcing heavy layoffs when its fleet of A380 superjumbos and Boeing 777s was grounded. The Emirates Group's employee base - which includes ground-handling firm Dnata - was slashed by 30.8% to 75.145 employees. Before the virus hit, Emirates airline alone employed some 60.033 staff, including 4.300 pilots and nearly 22.000 cabin crew. The workforce has now shrunk to 40.801 staff. Emirates is currently flying to 157 destinations, almost its full travel network of 158 destinations in 85 countries before the pandemic.
Source: France 24

Wizz Air Abu Dhabi touches down in Belgrade

NEWS FLASH

Wizz Air Abu Dhabi has inaugurated flights between the capitals of the United Arab Emirates and Serbia this weekend, reconnecting the two cities with a nonstop air service for the first time in seven months. The low cost carrier will maintain operations with its Airbus A321neo aircraft. Serbia and the United Arab Emirates have signed a quarantine free travel agreement for vaccinated passengers. The quarantine-free travel corridor, which came into effect on May 15, no longer requires nationals and residents of either country to quarantine upon arrival, while abiding by other precautionary measures. Based on the new rule, citizens and expatriate residents, who want to benefit from the quarantine-free travel corridor, need to show evidence confirming they have received the last shot of the Covid-19 vaccine, according to the approved applications or certificates issued by their health authorities. The UAE recognises Serbia's new digital green certificate, which shows evidence of Covid-19 vaccination and testing.

Photos courtesy of SKY Partner

Comments

Anonimus15:18
Very affordable prices.
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Anonymous20:22
Lovely crew ��
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Anonymous08:53
Very nice video and a cool addition to BEG. I think Wizz is a much better fit than EY because they were extremely expensive for locals. Transfers can be handled by FZ, QR and TK.
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Anonymous12:05
There were about 100 pax each way.
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