Emirates grounds 20 planes as spring exacerbates Ramadan slump

Emirates grounded 20 aircraft during Ramadan as the Islamic month’s timing this year exacerbated a seasonal slump in demand from Persian Gulf passengers and business travellers from outside the region, according to airline company president Tim Clark. The planes will start returning to service following the month-end Eid al Fitr holiday in about 2 weeks, with the fleet reaching peak capacity by September or October, Clark said. The aircraft are a mix of Boeing 777s and superjumbo Airbus A380s, according to a spokeswoman, with the double-deckers due to resume flying first. “Demand for travel is down significantly in the Muslim world,” with Ramadan’s start coinciding in 2018 with the generally weaker period of May, Clark said Monday. He added that traffic had fallen 50% from a month earlier. <br/>
Bloomberg
https://www.bloomberg.com/news/articles/2018-06-04/emirates-grounds-20-planes-as-spring-exacerbates-ramadan-slump
6/4/18