Emirates president Tim Clark to retire after 16 years in role
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,”
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.