How EMIRATES is WINNING when Other AIRLINES are going BANKRUPT?

⭐️ Think School’s flagship Communication course with an exclusive workshop on Chat GPT included: https://thethinkschool.com/sp/communi... VIDEO INTRODUCTION: We all know what Richard Brandon meant when he said, ‘If you want to be a Millionaire, start with a billion dollars and launch a new airline.’ This is because the aviation business in one of the most expensive and yet one of the least profitable businesses in the world!!! The Aircrafts are very expensive, labor costs are very high and most importantly, even with a slight change in oil prices, your profits could either skyrocket or nosedive!! This is because, in the aviation business the fuel alone costs 30–40 % of the revenue and profit margins are barely 10%. So if your fuel cost shoots up by 30% due to a geopolitical event, unless you increase the prices, your airline will start bleeding losses!! This is the reason why airlines go out of business not just in India but all across the world. But while 100s of airlines have gone bankrupt all across the world, the leaders of Dubai built such a legendary airline that this airline has been profitable for 35 out 38 years of its operation!!**! Infact, before covid from 2018-2020, this airlines generated an average revenue of 16.5 billion dollars and an average profit of 428 Million dollars!!! This is airline is none other than the legendary emirates airline!!! and if you are a business owner or a leader, this story of emirates, has some very very important business lessons for you!!! So in this episode, today, lets do a deep dive and understand, What is the story of emirates airlines?? In a world where airlines are going bankrupt every year, how is emirates so profitable?? And most importantly, what are the lessons we can learn from the legendary emirates airlines? Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: https://www.thethinkschool.com ⬇️Videos you may like: India is Trapping China -    • How India is TRAPPING China with its Milit...   Oil Giants Crushing Europe -    • Why OPEC Cut Oil Production And Why It Sca...   Israel’s Secret Strategies -    • How did Israel become SUPER POWERFUL & Wha...   China vs India Military Strategy in Ladakh -    • Why is China taking over Indian BORDERS an...   Upcoming US Recession Affects Indian Economy -    • America’s Recession Explained: What’s Real...   Best of Business Case Studies: 1. Asian paints -    • How Asian Paints Destroyed British Giants ...   2. Amul -    • How Amul beat its competition & made 39,20...   3. Haldiram -    • The Origin story of Haldiram : an 80,000cr...   4. Malboro -    • The Genius Marketing Strategy of Marlboro ...   5. Lijjat Papad -    • How 7 Mumbai-based women Entrepreneurs mad...   ►Books Everyone should read: 1. Sapiens: https://amzn.to/3wIqqtG 2.Jab Jab Jab Right Hook: https://amzn.to/3eb36ym 3.Presuasion: https://amzn.to/3nF4Xi8 4.Start with why: https://amzn.to/2R7UHCW 5. Culture code: https://amzn.to/3tfaxsZ 6. Hooked: https://amzn.to/2R9G9CM 7. I will teach you to be rich: https://amzn.to/3AUDLSO 8. From Third world to First: https://amzn.to/3yQSjAV 9. This is Marketing: https://amzn.to/334VNlL 🎧 Want to buy the equipment we use? 1. Our Laptop: https://amzn.to/3z66odv 2. Our Mic: https://amzn.to/3liQQyi 3. Camera Stand: https://amzn.to/3z8l3ov 4. Mobile holder for stand: https://amzn.to/3xgCF25 5. Laptop: https://amzn.to/3gMYXRi ✅Study Materials: On Emirates Business Model: 1. https://aerlinesmagazine.wordpress.co... 2. https://www.researchgate.net/publicat... 3. A thorough history of Dubai: https://www.researchgate.net/publicat... ✅To support our work you can donate here: https://www.instamojo.com/@thinkschool #dubai #emiratesAirlines #emirates #thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.