Emirates Airline - Business Strategies
Autor: Jannisthomas • October 5, 2018 • 1,935 Words (8 Pages) • 791 Views
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- EGSOP (Environ, Governance, Strategy, Organization and Performance)
- Environment
Our vision is to make the Emirates Group a natural pioneer in the flight and travel ventures. We will likely make supportability and eco-effectiveness the foundations of all Group operations – both noticeable all around, and on the ground. Our clients, staff and controllers are progressively cognizant about the earth and ozone depleting substance emanations. Emirates has focused on earth mindful operations through the Group's Environmental Policy. Turning into a naturally effective association implies developing our business to be financially manageable, while utilizing less assets and making less waste and contamination.
- Governance
To establish a travel and tourism realm at such stunning pace would not have been conceivable but rather for the aggregate abilities of a gathering of men who have each turned out to be pioneers in their field of mastery. All of the administrators in charge of the Emirates Group have been with the association since its introduction to the world and it is their spearheading vision - joined with careful arranging and overcome yet ascertained basic leadership - which has offered flight to the quickest developing carrier on the planet and the Middle East's biggest supplier of airplane terminal and travel administrations.
- Strategy
Emirates will keep on pursuing its business strategy as it had years before, Emirates had a support from the government since beginning but the success it has achieved was never because of such support, it was only due to the strong strategy and unstoppable efforts that their business system has established and pursed from years. We guarantee our products and services efficiency and effectiveness to remain one of the leading airline of the world.
- Organization
Emirates is considered as one of the world’s leading airline, it is also considered to be one of the world's fastest developing carriers by the mid of 1990s. Incomes expanded by about $100 million every year, moving toward $500 million till 1993, it conveyed 68,000 tons of freight and 1.6 million travelers around the same time. its current market cap is beyond AED 252 billion, net revenue of AED 154.4 billion and net profit of AED 23.4 billion till 2016.
Emirates Organizational Structure
President - Tim Clark
Executive Vice President - Commercial Operations Worldwide Ghaith Al Ghaith
Executive Vice President - Engineering and Operations Adel Al Redha
Senior Vice Presidents
SkyCargo – Ram Menen
Destination and Leisure Management – Hans Haensel
Special Projects – Don Foster
Emirates Airport Services – Dale Griffith
Emirates Airport Services – Dubai Ahmed Khoory
Dubai Airport Development – Mohammed Mattar
Planning, International and Industry Affairs – Tony Tayeh
Service Delivery – Terence Daly
Commercial Operations – The Americas Nigel Page
Commercial Operations – Europe Keith Longstaff
Commercial Operations – East Asia and Australasia Richard Vaughan
Customer Affairs and Service Audit – Richard Ng
Revenue Optimization – Scott McMahen
Flight Operations – Chris Knowles
- Performance
Following is the financial performance of Emirates for the previous five years.
Financial Highlights
2012-13
2013-14
2014-15
2015-16
Revenue and Other Operating Income
AED m
88,000
91,000
93,400
95,800
Operating Profit
AED m
7,400
7,900
8,800
9,200
Operating Margin
%
7.9
8.2
8.9
10.5
Profit to Owner
AED m
6,850
7,200
7,900
8,300
Profit Margin
%
7.9
8.3
8.8
9.2
Financial Positions
Total Assets
AED m
120,200
121,500
125,000
129,800
Cash Assets
AED m
20,700
20,800
21,900
23,450
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