Dubai-based carrier Emirates announced they are going to have a challenge this summer as the airline is short 100-150 pilots needed to operate their flights this summer. As a result, we can expect to see several cancellations and even some routes going away. The airline is blaming this shortage on “economic growth” and increased wages.
The only impact to the U.S. will see at this point are frequencies to Miami and Ft. Lauderdale will be reduced. Globally, the airline will be making several cuts to their markets in Europe and Asia.
Emirates, the world’s biggest long-haul airline, said a rebound in earnings over the past year faces a challenge this summer as a pilot shortage forces the Dubai-based carrier to trim frequencies.
The revival will come under pressure as a shortfall of 100 to 150 pilots compels Emirates to pare frequencies to destinations including Fort Lauderdale and Miami during the looming high season for global travel. Cuts will also extend to several European and Asian routes, according to reports in the Gulf.
“We’re a tad short in pilots,” Clark said, adding that the service reductions will be short term and that crew numbers should be “alright by September or October.” Factors including economic growth in the U.S. and U.K. and high employment and rising wages in Germany continue to favor growth, he said.
While the rising oil price is boosting Gulf economies and hence local demand for travel, a 25 percent gain over the past year presents a “challenge” for Emirates, which does not hedge, according to Clark. Prices are likely to ease though, given the supply coming into the market and barring a major geopolitical upset, he added.