PHOTOS: Belgrade Airport's expansion advances

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

PHOTOS: Belgrade Airport's expansion advances

NEWS FLASH

Belgrade Nikola Tesla Airport’s expansion is continuing to advance, with work on several projects ongoing throughout the complex. The expansion of the C concourse is continuing to advance with the new air bridges having arrived. They are currently placed in front of the new gates. Furthermore, the construction of a new gallery floor is in full swing above the A concourse gates. As a result, gates A1 to A5 are currently closed. Curbside, work has begun in front of the terminal buildings, which will result in their expansion in order to accommodate a new check-in hall, while construction of the airport’s new control tower is also advancing, with glass panels now being installed on the structure. Work is also continuing on the inserted runway, while construction is also taking place around the airport complex on various projects, including a new energy plant, solid waste processing plants and aprons. The full project can be reviewed here.

Comments

Anonymous10:41
Love the SU A332
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Anonymous13:22
theoretically speaking here, but expansion could allow for traffic of 40 million passengers. 27 passenger boarding bridges and additional platform 9 positions allow for plenty room for future growth.
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Anonymous15:23
- work has begun in front of the terminal buildings, which will result in their expansion in order to accommodate a new check-in hall

That will be great but it looks they are for now only building a third level link between the C concourse expansion and Terminal 2.
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Anonymous16:08
Great news, Germany just removed Serbia from high risk zone so I expect demand to boom.
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JU520 BEGLAX19:45
Who will win the race and be completed first? BEG ATC Tower or Kula Beograd? ;-)
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Anonymous10:38
I would say BEG tower if we count built and put in use.
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PHOTOS: Belgrade Airport's expansion advances

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