The Wings Of The Flying Bank Was Clipped During Its Expansion Spree

Emirates Airlines is the flag carrier of UAE, operating from the hub of Dubai International Airport. It serves 107 destinations in its passenger flights and it is one of the 10 top ranking airline companies of the world both in terms of the revenue and in terms of passenger mileage factor. Emirates Airlines flew its first routes out of Dubai with just two aircraft- leased Boeing 737 and Airbus 300 B4, with quality of service as their goal in 1985 and today it operates with 160 aircrafts of wide range variety, serving 107 destinations, proving their commitment to quality service in every aspect of their business activity. Emirates Airlines is a growing international airline with youngest fleet, having the following operations divisions: •Emirates Airlines, which operates the passenger service to 107 destinations, providing modern facilities of Online Booking through their comprehensive portal. •Emirates SkyCargo, providing leading edge cargo solutions to offer a wide range of Products, Special Services and solutions of different dimensions, serving 116 destinations. •Skywards, frequent flyer program managersrn•Emirates Official Store, for purchasing airlines merchandisern•EmQuest, travel distribution company to develop, market and operate innovative technologies and services. •Emirates Aviation College, to provide aviation related training to private students and corporate clientsrn•Emirates Engineering one of the world’s most advanced technology facility for aircraft maintenance, to support Emirates Airlines and allied airlines aircraft maintenance requirements. Swiss Air, in fact, Swissair was the former national airline company of Switzerland, which was started in 1931 by combining two airline companies Ad Astra Aero and Balair; however, closed its operations in 2002, up to which time it operated its flights from the hubs of Zurich Airport, Geneva Cointrin, EuroAirport Basel-Mulouse-Freiburg, with a fleet size of 76 working on 157 destinations. During 1960s Swissair operated so well that its revenues were sky rocketing and the airline world started calling it as ‘The Flying bank’ to go with the reputation of Swiss banking in the world’s eye. In 1997 the Swissair group was renamed SAirGroup carrying four subdivisions, namely SAirlines, SAirServices, SAirLogistics and SAirRelations, while the new organization was going on a ‘Hunter straegy’ expanding through acquisition of smaller companies, unfortunately it had to face an economic turndown following September 11 attacks in the US, and with the Swiss Federal Government’s assistance, it was kicking and alive till 2002. However, Swiss International Air Lines was formed taking most of the routes of Swissair, also the planes and staff, although the SAirGroup company was on the process of liquidation, while the newly formed company was taken over by Lufthansa in 2005.