Transportation
Emirates Says Jet Delays Are Disrupting Its Plans for Growth
Emirates is spending $4 billion overhauling its existing fleet of Airbus A380 double-deckers and Boeing 777 jets.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Emirates said aircraft delays from Boeing Co. and Airbus SE are disrupting the carrier’s growth plans, and added costs dwarf the compensation the Gulf carrier has received from the planemakers.
The setbacks include lost business from expansion it’s had to put off, as well as added costs to overhaul existing aircraft, Chief Commercial Officer Adnan Kazim said in an interview.