NO TURNING BACK

Like every other carrier, Dubai’s Emirates Airline is suffering financially from the dramatic downturn in air travel, but unlike many others, it isn’t parking heavy metal in the desert, slashing capacity or adjusting routes. TOM BALLANTYNE spoke to the carrier’s president, Tim Clark (pictured above), to find out why.

Side-by-side

Financing? Don't bank on it

The aircraft leasing market is remarkably stable despite the current woes of the airline industry. But there is one challenge that faces lessors and their customers as they await a turnaround in depleted markets: the availability of finance.