Tim Clark, president of Emirates, speaks to journalists on the sidelines of the 80th International Air Transport Association's annual meeting in Dubai. Deena Kamel / The National
Tim Clark, president of Emirates, speaks to journalists on the sidelines of the 80th International Air Transport Association's annual meeting in Dubai. Deena Kamel / The National
Tim Clark, president of Emirates, speaks to journalists on the sidelines of the 80th International Air Transport Association's annual meeting in Dubai. Deena Kamel / The National
Tim Clark, president of Emirates, speaks to journalists on the sidelines of the 80th International Air Transport Association's annual meeting in Dubai. Deena Kamel / The National

Emirates boss wants troubled Boeing to foot its multibillion-dollar plane retrofit bill


Deena Kamel
  • English
  • Arabic

Boeing will take at least five years to overcome its current crisis and the troubled US plane maker should foot the bill for Emirates' multibillion-dollar programme to retrofit its 777 wide-body jets amid delays in the development of the newer 777X version, Emirates president Tim Clark has said.

The years-long successive delays in the new aircraft's development programme have forced Emirates to put additional Boeing 777s through retrofit and the airline boss wants Boeing to pay for the extensive refurbishment it is undertaking.

“We need our aeroplanes, we cannot face constant delays, we've got a business to run and the bill for refurbishing all these aeroplanes should be put at Boeing's door,” Mr Clark, president of Emirates, said on Sunday on the sidelines of 80th International Air Transport Association (Iata)'s annual meeting in Dubai.

In May, Emirates said it would be completely refurbishing another 28 Boeing 777 aircraft, after the original plan called for 53 777s to undergo a full makeover.

The Boeing 777-9 model is about five years late and was scheduled for delivery in 2025, but Emirates currently has “no visibility” on the latest time frame of when it can be handed over, Mr Clark said.

At the Dubai Airshow in November, Emirates signed a deal for firm orders for 55 additional Boeing 777-9s and 35 Boeing 777-8s. The airline’s 777X order book currently has a total of 205 jets, making it the biggest buyer of Boeing wide-bodies.

However, Boeing will need five years to address the problems arising from its current safety and quality crisis before meeting plane production demand from new and existing customers, according to the Emirates Airline boss.

“Boeing needs to step back and say 'what did we get wrong over the last 10 or 15 years and how do we address that?', he said.

“They need to go back to where they were and if they do that, the whole process is salvageable, fixable and we can get things back to where they need to be. How long will that take? I think we have a five-year hiatus on our hands.”

Mr Clark is an aviation industry veteran whose airline is a major buyer of Boeing and Airbus wide-body aircraft and he often weighs in on performance issues at both manufacturers who make the planes for the long-haul routes it specialises in.

The airline executive said he is scheduled to meet Stephanie Pope in “the next day or so” during the Iata annual meeting that is taking place in Dubai for the first time from June 2 to June 4.

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
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  • Engineering leader: Dh30,000 to Dh55,000 
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  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
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Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
UAE squad

Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
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BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Cologne v Hoffenheim (11.30pm)

Saturday

Hertha Berlin v RB Leipzig (6.30pm)

Schalke v Fortuna Dusseldof (6.30pm)

Mainz v Union Berlin (6.30pm)

Paderborn v Augsburg (6.30pm)

Bayern Munich v Borussia Dortmund (9.30pm)

Sunday

Borussia Monchengladbach v Werder Bremen (4.30pm)

Wolfsburg v Bayer Leverkusen (6.30pm)

SC Freiburg v Eintracht Frankfurt (9on)

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

Scoreline

Ireland 16 (Tries: Stockdale Cons: Sexton Pens: Sexton 3)

New Zealand 9 (Pens: Barrett 2 Drop Goal: Barrett)

Updated: June 03, 2024, 5:59 AM