Tim Clark, Emirates
President
|
Emirates is placing a strategic focus on Africa in
the coming decade by increasing operations by over 40%, says Tim Clark,
President of Emirates Airline.
Speaking at the Africa Global Business Forum held
in Dubai on 1 – 2 October, Clark said that Africa has been a great growth story
for Emirates.
Clark noted that Africa is still an under-served
market. “Emirates will continue to channel traffic through the Dubai hub which
has already become a key gateway for the African continent,” he said.
Statistics provided by Emirates indicate the
airline has carried over 1.6 million passengers and 40,000 tons of cargo
between Africa and China in the past five years. By 2020, Emirates expects to
provide an additional 8.5 million seats to its African capacity.
In addition, there are over 500,000 African
nationals now residing in Dubai. Over 800,000 Africans visited Dubai in 2013
alone and it is estimated that by 2020, tourism from Africa to Dubai will reach
over 1.5 million visitors per year.
Emirates
has steadily built up its presence on the continent since it launched flights
to Cairo in 1986, which has contributed remarkable to the airlines strong
growth. During the financial year 2010-2011, Africa contributed AED5.59 billion
in revenue, which translates to 10.5% of the airline’s total annual revenue and
representing 17.7% growth over the previous year.
“Our
long-term outlook for Africa is very positive. We believe several regions in
the eastern, central, western, northern and southern Africa offer great
potential for our passenger and cargo business. We also believe that
ensuing political stability across Africa, government policies to promote air
business, increasing trade with Asia, influx in foreign direct
Investment, trade liberalization and continuing consumer demand for household
goods as a result of a growing middle class will positively impact on our
business in Africa in the future,” he said.
The
airline currently operates 22
passenger and 6 dedicated freighter destinations to Africa.
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