Emirates to Grab Longest-Flight Title
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Emirates to Grab Longest-Flight Title
Emirates is set to wrest the title of world’s longest airline route from Australia’s Qantas Airways Ltd. with a service between its Dubai hub and Panama City.
The flight will traverse 13,821 kilometers (8,590 miles), according to the Great Circle Mapper website, outstripping Qantas’s Sydney-Dallas route by 17km. Emirates will use a Boeing Co. 777-200LR -- the longest-range jetliner -- on the service, which will take 17 hours and 35 minutes, it said Thursday.
The longest-ever non-stop sector, operated by Singapore Airlines Ltd. to Newark, New Jersey, spanned 15,344km and took about 19 hours. The daily all-business-class service was halted in 2013 along with a 14,113km Los Angeles route, with analysts suggesting the flights weren’t viable with the aging four-engine Airbus Group SE A340 jets that the Asian carrier deployed.
For Emirates, Panama will serve as a gateway for onward business and tourist travel to cities across Central America, the Caribbean and northern South America, as well as providing capacity for imported electronics, machined products and drugs, Chairman Sheikh Ahmed bin Saeed Al Maktoum said in the release.
The twin-engine 777-200LRs used on the route starts February 2016.
Emirates to Grab Longest-Flight Title With Panama Route - Bloomberg Business
The flight will traverse 13,821 kilometers (8,590 miles), according to the Great Circle Mapper website, outstripping Qantas’s Sydney-Dallas route by 17km. Emirates will use a Boeing Co. 777-200LR -- the longest-range jetliner -- on the service, which will take 17 hours and 35 minutes, it said Thursday.
The longest-ever non-stop sector, operated by Singapore Airlines Ltd. to Newark, New Jersey, spanned 15,344km and took about 19 hours. The daily all-business-class service was halted in 2013 along with a 14,113km Los Angeles route, with analysts suggesting the flights weren’t viable with the aging four-engine Airbus Group SE A340 jets that the Asian carrier deployed.
For Emirates, Panama will serve as a gateway for onward business and tourist travel to cities across Central America, the Caribbean and northern South America, as well as providing capacity for imported electronics, machined products and drugs, Chairman Sheikh Ahmed bin Saeed Al Maktoum said in the release.
The twin-engine 777-200LRs used on the route starts February 2016.
Emirates to Grab Longest-Flight Title With Panama Route - Bloomberg Business
#5
Plus government subsidies to offset the capital risk over return on investment
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#10
Suppose you are a business owner. Let's say you own a sandwich shop. After years of working hard, you have established your business and are modestly successful. Your place has a good reputation in town that you worked hard to create. You treat your employees well and compensate them fairly.
Then one day I open a competing sandwich shop across the street. No problem you figure, you will double down and compete with me. The only problem is, my old man is a very wealthy guy and is desperate to see me finally "make it" in life. You see, I've been a dysfunctional screwball for a long time, much to the great frustration of the old man. So, to make sure that I finally grow up and make something of myself, the old man directly injects his own money into the business. He has deep pockets and is determined to do whatever it takes, year after year. This unnatural market distortion allows me to put the screws to you across the street. Before long, your former customers are telling you about the better quality and cheaper sandwiches across the street. They start to see you as incompetent. After all, why can't you provide a product at a price like the guy across the street? Must be something wrong with you! Of course, I can afford to load up my sandwiches in a way that would be completely unsustainable for you. Before long, you are looking at your business failing. Your customers are now mine.
I suppose that you would be just fine with such a scenario.
Get it now?
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