EK is numbers run. They have been backpedaling on aircraft for what, 15 months? Differals of the A380...
And where has the ramp up in DWC spending gone? It is past due to ramp up construction for 2025...
Could it be low oil has impacted so many EK customers that they feel it?
I can only imagine how bad it is at the non-number run competition. EK will survive and thrive. It is a question of when.
What does a numbers run airline mean? How do they operationally differ from a "non-number run" airline?
Numbers run is like Home Depot. You mine all the data for customer purchasing trends. You identify early preference changes in food, beverage, and travel patterns.
A numbers run company already has a plan for a downturn. Starbucks coffee shops are the extreme example, they will alter shifts of workers off micro-trends. For example, a surge of us buying coffee immediately triggered the algorithm to note there was a conference in town.
All airlines will give a route time to establish itself, such as DXB-FLL or DXB-MCO. In this case EK identified a trend and had already suspended some service.
Non-number run companies are personality run and often find themselves expanding when they should reduce expenses or having no choice but to cut service when the market is starting a recovery.
EK is *not* sitting on massive orders unless you count the far in the future 779. Compare to QR and EY. Yes, for only the second time (first was the start of the last downturn), EK is not leaning forward for growth.
DWC progress is stalled (little investment). AUH is mid expansion with a new DOH serving QR... Only a past due concourse expanding DXB...
EK has cut faster than QR or EY (neither of which act numbers run).
Look at EK's annual reports. They do not report buzzwords, they note the trends that guide their decisions.
Most airlines are stuck with far larger near term orders.