Tim Clark bets on rapid Emirates rebound once Iran conflict ends
Emirates president Sir Tim Clark says the airline will rebound quickly from the Iran conflict, with strong demand and brand strength offsetting capacity cuts and rising fuel costs
24 April, 2026
TT
16
Dubai’s flagship carrier, Emirates, expects a rapid recovery from the disruption caused by the Iran conflict, with president Sir Tim Clark signalling confidence in both demand and profitability despite weeks of operational strain.
Speaking at the CAPA Airline Leader Summit in Berlin via videolink on Thursday, Clark said the airline’s performance would rebound quickly once the situation stabilises.
“If a solution is found and this goes away in the next two to four weeks, by the end of the summer, nobody will remember what has happened,” he said.
Emirates and other carriers across the UAE and wider region scaled back operations after the conflict broke out on February 28, disrupting key air corridors and forcing airlines to cancel flights and reroute services.
Clark said Emirates is currently operating at around 65 per cent of its capacity, with parts of its network still inaccessible due to ongoing airspace restrictions.
The disruption has been particularly acute around critical transit routes such as the Strait of Hormuz, a key global aviation and shipping corridor.
Despite this, Clark made clear the airline’s operating model remains unchanged.
“I don’t think things will change how we operate the airline or this model,” he said. “We can get this back — the brand is particularly strong.”
Demand remains resilient
Even as airlines cut capacity and adjust routes, Clark said passenger demand has held up, helping to underpin Emirates’ recovery outlook.
The broader aviation sector has been hit by both operational disruption and rising costs, with oil prices climbing above $100 a barrel during the conflict, pushing up jet fuel prices and squeezing margins globally.
Clark, however, said Emirates is not concerned about fuel availability and expects demand to absorb higher operating costs.
Despite the sharp impact in March, Clark indicated that Emirates remains on course to deliver strong financial performance this year.
“This year, despite March being wiped out because of the crisis, we still improved our financial metrics by some country mile. We will be the most profitable airline of the year, as you will hear soon,” he said.
Emirates, which is not publicly listed and reports as part of the Emirates Group, typically releases its financial results twice a year, with full-year earnings announced in May and half-year results in November.
For the 2024-25 period, Emirates recorded a profit before tax of Dhs22.7bn and revenue of Dhs145.4bn.























