Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Emirates airline sees air travel equilibrium in 2023
    Top Stories

    Emirates airline sees air travel equilibrium in 2023

    Published by Jessica Weisman-Pitts

    Posted on July 18, 2022

    2 min read

    Last updated: February 5, 2026

    Tim Clark, President of Emirates airline, addresses reporters at the Farnborough Airshow about the airline's strategies for achieving air travel equilibrium in 2023 amidst capacity issues at Heathrow.
    Emirates airline President Tim Clark discusses air travel equilibrium - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation Sectorfinancial managementInvestment Bankingcorporate strategyEconomic Planning

    By Tim Hepher

    FARNBOROUGH, England (Reuters) -The president of Dubai’s Emirates, which has clashed with London’s Heathrow over the introduction of a capacity cap, said on Monday a disrupted air travel industry would return to equilibrium in 2023 and must “tough it out” until then.

    Tim Clark, speaking at an event at the Farnborough Airshow, criticised Heathrow managers for failing to anticipate the travel rebound until it was too late, sparking delays.

    Air traffic problems had also played a role. “There are many, many late runners,” Clark told aerospace executives.

    The comments came after Emirates on Thursday angrily rejected demands by Heathrow to cut capacity and pledged to keep its six daily A380 superjumbo flights running.

    The airline and airport later announced a deal to cap sales on flights out of Heathrow through mid-August.

    Clark said Emirates could eventually look at transferring one of its six daily Heathrow flights to London Gatwick as part of an agreement to relieve pressure.

    “The way we left it with Heathrow (was that) today we still have our six flights operating. What I needed to do with them was to look at how we can possibly switch over one of the flights into Gatwick.”

    Last-minute airport curbs are more complicated for Emirates than many European carriers because of the large variety of destinations served beyond its Dubai hub, meaning passengers coming from across the globe can be affected, Clark said.

    “Anybody who does this to us obviously is going to incur our wrath … this is totally unacceptable,” he added.

    “We still have to go into battle with regards to some of the draconian measures (that) they are insisting on taking and I don’t really want it to get any more ugly than it has been.”

    Heathrow blames airlines for failing to secure enough ground handlers. Emirates says its own ground-handling unit is ready and blames the problems on central staff shortages at Heathrow.

    “Heathrow is well-prepared for this summer. We started recruiting security officers in November last year and will soon have as many people in security as in summer 2019,” an airport spokesperson said.

    “The fact that Heathrow’s cap is 50% higher than a similar cap at Amsterdam, our nearest rival, shows how much better we have planned than our competitors.”

    (Reporting by Tim Hepher and Jamie FreedEditing by Mark Potter)

    Frequently Asked Questions about Emirates airline sees air travel equilibrium in 2023

    1What is air travel equilibrium?

    Air travel equilibrium refers to a balanced state in the airline industry where supply meets demand, minimizing delays and maximizing operational efficiency.

    2What is capacity cap?

    A capacity cap is a limit imposed on the number of flights or passengers an airport can handle, aimed at managing congestion and ensuring safety.

    3What is an A380 superjumbo?

    The A380 superjumbo is a large, double-deck, wide-body, four-engine jet airliner manufactured by Airbus, known for its high passenger capacity.

    4What is ground handling in aviation?

    Ground handling involves all services provided to an aircraft while it is on the ground, including baggage handling, fueling, and maintenance.

    5What is flight transfer?

    Flight transfer refers to the process of moving passengers from one flight to another, often used to alleviate congestion at busy airports.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostUkraine and Russia: What you need to know right now
    Next Top Stories PostSAS says time running out as pilot strike enters third week