00:00 "The deal that Sheikh Ahmed bin Said Al Maktoum has signed today is an important deal for
00:08 UAE planes because it gives us this type of aircraft, the expansion and the base capacity
00:16 that we need in the near future and it is in line with the Dubai plan for 2033.
00:23 This deal is about 55 Boeing 777-9X and B777-8X.
00:30 The most important thing is that the Boeing 777-8X will be the primary carrier of this
00:44 type of aircraft as passengers.
00:49 We have announced a deal of 115 planes, and today the demand has increased to 205 planes."
01:05 "How will the deal and the funding be provided?"
01:09 "The total amount of the deals that we have today is about 52 billion dollars.
01:15 We have many ways and methods to fund these planes.
01:22 We have no difficulties or pressures to provide the easiest and best opportunities for
01:33 UAE planes to fund them."
01:35 "Is this funding a deal from the company's resources or is there a direction for other
01:40 funding or facilities?"
01:42 "We always try to diversify the funding of our planes, whether it is through a company
01:48 or through organizations or companies abroad.
01:51 We look at the time of delivery and see what is best for the company.
01:57 But it can be from the company's resources or the help of banks or other companies."
02:05 "Is there a specific percentage of banks that help fund this deal?"
02:10 "I can't say, but according to the company's financial resources, the company has decided
02:19 to fund all the planes directly through banks or through the help of other companies to
02:28 rent the planes.
02:30 So all these opportunities and options are provided by UAE."
02:36 "The deal is about increasing the time of delivery for UAE planes.
02:43 How much time is it now and how many planes are being targeted?"
02:47 "We have Boeing 737s and 380s.
02:53 We have operated about 88 Airbus 380s and 134 Boeing 737s.
03:05 All these planes are under maintenance and service.
03:11 The rate of maintenance is about 80% or more.
03:17 The rate of maintenance is very good for these planes that are currently in service.
03:23 We are working on getting the other planes from Boeing 737s and 380s into service.
03:30 Once the maintenance procedures are completed, these planes will be put into service.
03:36 We noticed that there are increasing requests for flights to Dubai and for UAE planes.
03:48 The only thing that we are missing today is the lack of sufficient planes in UAE."
04:01 "The rate of maintenance is currently 80%.
04:07 What are your expectations for this rate at the end of this year?
04:13 "The rate of maintenance is 80%.
04:18 Some flights are in service at 100%.
04:21 This is the rate of maintenance.
04:25 In December, the requests for flights to Dubai will increase.
04:35 I expect that the demand for flights to UAE will increase in the next two months.
04:46 I advise travelers who have not made reservations to make them now.
04:53 There are many requests for reservations."
04:55 "What is the impact of the oil prices and fluctuations on the company's operations?
05:00 What is the overall fuel cost in UAE?"
05:05 "The fuel prices are always a challenge.
05:10 The fuel costs are 30% to 33% of the overall costs.
05:22 This is a very high percentage.
05:25 We are always trying to find solutions to deal with these fuel prices,
05:31 which are always increasing or decreasing.
05:34 We are trying to do hedging for a certain percentage of the fuel.
05:40 We are trying to share the cost of the passengers with a certain percentage.
05:47 We are also trying to reduce the fuel consumption on flights
05:54 by finding more efficient and faster ways to reduce fuel consumption on our flights.
06:04 We will study all these options and see what is the best for us.
06:11 In the end, the fuel prices are a challenge for airlines because we cannot control this part of the costs."
06:19 "How much will the overall fuel cost in UAE be by 2030?"
06:25 "As a company that is in debt and we have no money to use the remaining fuel,
06:34 we will face a challenge as airlines, which is the value of the remaining fuel,
06:42 which is 3 or 4 times the current price.
06:46 We will face this challenge as airlines.
06:51 But we are committed to using alternative fuel.
06:58 We have started using alternative fuel from some stations that provide this fuel,
07:04 but the percentage that is provided is very small compared to our full needs.
07:10 The challenge that we will face in the future is the capacity of these airports
07:15 to provide the required amount of fuel for airlines."
07:20 "Do we have the money to save?
07:23 I remember that in Algeria and other countries, due to geopolitical tensions,
07:29 some airlines have refused to stop their flights.
07:33 Will this have an impact on the situation?"
07:36 "Of course, we or other companies have faced the inability to extract some of the money
07:46 from these stations and there is a continuous coordination and discussion with these countries
07:54 to help airlines to extract their money or to export their money with the hard currency.
08:02 Of course, these funds, any amount that airlines have to save or reserve in a specific country,
08:11 will have a negative impact.
08:16 But, thank God, these things do not happen to airlines from all sides.
08:21 We will try to deal with these countries to see how to use the money from these countries."
08:31 "Do you have a specific amount?"
08:33 "I don't remember the exact amount now, but it is a matter of solutions and positivity."
