Originally Posted by
Prospero
The size of EK's order book and the rate of this airline's expansion really is staggering. It is mind blowing. Would now be an opportune time to buy stock in plasticised beech walnut?
Hello yes, you rang?
It is not plasticised beech walnut. It is a synthetic composite, with a splash of bling
In my very humble opinion, the airline has significant demand in the Indian subcontinent, which it wants to tap. Unusually, it makes most of its money from Y, and the 777 order this weekend reaffirms the need to get rid of the A330's. Some of us EK regulars would argue that EK's policy about refurbishment is to simply throw the old aircraft away and buy new ones
Seat capacity to other key markets (such as the UK) is already bursting at the seams (15+ flights a day as it is) and the rumour is that when the Olympics starts, every flight to and from the UK will be an A380.
The 380 fleet grows by one a month, starting this month (12+ will be delivered in the next 14-months) and 4000+ crew are currently being recruited.
The challenge for EK is not aircraft or attracting customers. I don't think so anyway. The issue is DXB. The new terminal won't be ready in time and the airport (and airport operations) will get a lot worse, before it gets better.
The place is already a zoo in the wee hours of the morning and the Business Lounge is mayhem...