50 SKY SHADES - World aviation news

Emirates brand value grows 17% to reach US$7.7 billion

Download: Printable PDF Date: 02 Feb 2016 18:40 (UTC) categories:
Publisher:
Emirates brand value grows 17% to reach US$7.7 billion  - Finance publisher
Tatjana Obrazcova
Country: United Arab Emirates Aircraft: Airplanes

Emirates has come out on top again as the world's most valuable airline brand, according to the 2016 Brand Finance Global 500 report, which was released yesterday.

The airline’s brand value grew 17% over last year to reach US$ 7.7 billion. For the fifth year running, the airline has steadily risen up in the global ranking of the world’s top brands to be placed at #171, 47 places above the next closest airline brand. Emirates also retains its well-established position as the most valuable brand in the Middle East. In addition, Emirates’ brand value has more than doubled since 2009, when it first appeared on the Brand Finance Global 500 report. 

Boutros Boutros, divisional senior vice president corporate communications, marketing and brand said: “We invest strategically in building our brand and it is reflected in everything we do. We have differentiated the Emirates brand not only through our marketing and sponsorships initiatives, but also through our competitive combination of quality products and services, and technology-driven customer initiatives that our teams deliver everyday both on the ground and on board. We work hard to identify, anticipate, and meet the ever-changing needs of our diverse global audiences, as we firmly believe that this will position us to outperform in our industry now and in the future.” 

Brand Finance CEO David Haigh said: “Emirates continues to soar, adding 17% to its brand value this year. Brand Finance’s analysis shows that Emirates is more popular than ever– its brand equity scores for consumer factors such as familiarity, consideration, preference, satisfaction and recommendation are up across the board. Emirates’ growth this year, which builds on impressive historic trends, suggests that by 2020 it could become the first Middle Eastern brand to enter the top 100 of our ranking.”

 





Recommended

ProLogium and Elysian Aircraft BV sign MoU to advance the vision of zero-emission aviation

ProLogium announced the signing of a MoU with Elysian Aircraft BV, a Dutch aerospace company developing large-scale battery electric aircraft and core electrification technologies for aviation. U...

High Flying Hangars breaks ground on multi-acre development at Frederick Municipal Airport in Maryland

High Flying Hangars celebrated the groundbreaking event at its development now in progress at the Frederick Municipal Airport in Maryland (KFDK). Frederick City Mayor Michael O’Connor; Airport M...

Lufthansa Technik to build a second base maintenance facility in the Philippines

Lufthansa Technik Philippines, the joint venture between Lufthansa Technik and the MacroAsia Corporation, is significantly expanding its footprint in the Philippines with a new base maintenance facili...

De Havilland Canada delivers first Twin Otter Classic 300-G to Ethiopian Airlines

De Havilland Canada announced the delivery of the first of two Twin Otter Classic 300-G aircraft to Ethiopian Airlines, Africa’s largest airline.The aircraft will support Ethiopian Airlines&rsqu...

Android Apps development in Riga, Latvia