Emirates plans fleet increase of 100 in eight years

Emirates President, Tim Clark, stated the carrier is considering plans to increase its fleet size by "a minimum of a hundred" aircraft over the next eight years (Reuters, 01-Jul-2010). He said: "I am not saying that will be the end of it either, even in Farnborough [International Airshow]. As we grow business, we will continue to look at network expansion." Mr Clark added the carrier would have to replace 68 ageing aircraft in the next few years. The carrier has a fleet 147 aircraft. The CEO added that the carrier is doing better than a year ago, stating: "We are optimistic that we will finish the year ahead of our own budget."