Emirates plans a yield hike for early 2010

Emirates is predicting its airfares to return to normal from the beginning of next year as the airline giant bids to protect its yields.  

After a 72 per cent fall in profits to $406 million in May, the carrier warned consumers the days of return fares to New York and London for under $1,200 were over, the Daily Telegraph reported.

But unlike Qantas, – who are expected to record its first ever full-year loss as a public company – Emirates has noticed a turnaround in conditions.

“I don’t know if it’s Qantas being overly pessimistic, but from our perspective we are seeing a positive trend. It is not galloping forward, but it’s positive. I’m actually quietly optimistic that we have seen the bottom of yields,” said Emirates vice president of Australia, Stephen Pearse.

Emirates will add its third daily flight into Sydney from December 1 and will begin services from Doha to Melbourne on December 6.

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