Emi­rates pres­i­dent Tim Clark to re­tire af­ter 16 years in role

Muscat Daily - - BUSINESS -

Dubai, UAE - Emi­rates Air­line pres­i­dent Tim Clark plans to re­tire in June af­ter 16 years at the helm of the Dubai-based car­rier, the world’s largest by in­ter­na­tional traf­fic.

The 70 year old will stay on in an ad­vi­sory role even af­ter step­ping down, chair­man Sheikh Ahmed bin Saeed al Mak­toum said in an in­ter­nal memo seen by Bloomberg. Clark joined Emi­rates’ found­ing team in 1985 and be­came its pres­i­dent in 2003, ac­cord­ing to his pro­file on the air­line’s website.

“Through wars, eco­nomic re­ces­sions, dis­as­ters nat­u­ral or man-made, and var­i­ous in­dus­try up­heavals, Clark has ably steered and grown Emi­rates to its stand­ing to­day as the world’s largest in­ter­na­tional air­line,”

Mak­toum said.

Un­der Clark’s lead­er­ship, Emi­rates be­came a global pow­er­house us­ing its main hub of Dubai as a con­nect­ing point for trav­el­ers be­tween Asia, Europe and the US. For­merly a major cus­tomer for Air­bus SE’s dou­bledecker A380, Clark has more re­cently been over­haul­ing the Emi­rates fleet fol­low­ing that jet’s can­cel­la­tion.

Dubai-based news­pa­per Khaleej Times, which first re­ported the re­tire­ment plans, said the air­line’s chief op­er­at­ing of­fi­cer, Adel al Redha, and Chief com­mer­cial of­fi­cer Ad­nan Kazim are among the can­di­dates to re­place Clark.

While the air­line has been prof­itable dur­ing the past three decades, Emi­rates has been fac­ing in­creas­ing chal­lenges in re­cent years in­clud­ing an eco­nomic slow­down and geopo­lit­i­cal ten­sions stem­ming from trade wars. The air­line, known for its lav­ish first-and busi­ness-class of­fer­ings, has also strength­ened ties with bud­get air­liner Fly­dubai.

Tim Clark

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