Emirates ranks fourth in the 2021 Skytrax awards. Photo: Adam Schreck / AP
Emirates ranks fourth in the 2021 Skytrax awards. Photo: Adam Schreck / AP
Emirates ranks fourth in the 2021 Skytrax awards. Photo: Adam Schreck / AP
Emirates ranks fourth in the 2021 Skytrax awards. Photo: Adam Schreck / AP

World's best airlines in 2021: Emirates ranks in the top 10


Hayley Skirka
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At a time when air travel is slowly returning after restrictions imposed during the global pandemic, the results of the 2021 Skytrax awards have been announced.

Voting for the awards by the international air transport rating organisation was extended from September 2019 until July 2021 because of what Skytrax said was “a catastrophic period for the world airline industry, as passenger demand plummeted and countries across the world were affected by lockdowns and severe travel restrictions”.

The customer survey ran for 23 months, meaning this year's awards cover travel during normal times and through the Covid-19 pandemic.

Dubai’s Emirates Airline ranked in the top 10 list of the best airlines in the world in 2021. The airline ranked fourth out of more than 350 airlines. Etihad, the national airline of the UAE, ranked 21st in the world.

Topping the rankings is Qatar Airways. The Gulf airline pushed Singapore Airlines from the top spot to claim its place as Airline of the Year.

Singapore held its own in second position, and Japan's All Nippon Airways ranked in third.

The World’s Top 10 Airlines in 2021 by Skytrax

  1. Qatar Airways
  2. Singapore Airlines
  3. ANA All Nippon Airways, Japan
  4. Emirates, UAE
  5. Japan Airlines
  6. Cathay Pacific Airways, Hong Kong
  7. EVA Air, Taiwan
  8. Qantas Airways, Australia
  9. Hainan Airlines, China
  10. Air France

As well as ranking in fourth place, Emirates also took top honours in two other categories. It was named No 1 for Best Airline Inflight Entertainment and also dominated for First Class Cabins in the Middle East, beating out overall winner Qatar Airways in this category.

The Dubai airline was also awarded a Covid-19 Excellence Award. This title was given to airlines that customers said had the highest safety standards during the global pandemic.

Abu Dhabi’s Etihad also received a Covid-19 Excellence Award. The airline was the first in the world to fully vaccinate its crew on board and also requires 100 per cent of its passengers to show a negative PCR test before boarding any flight to any destination.

Saudia is 'most improved' airline in the world

Saudia recorded a 55% improvement this year says Skytrax, rising from its 57th position in 2019. Photo: @Saudia_airlines / Twitter
Saudia recorded a 55% improvement this year says Skytrax, rising from its 57th position in 2019. Photo: @Saudia_airlines / Twitter

Saudia, formerly known as Saudi Arabian Airlines, was named the World's Most Improved Airline at the Skytrax 2021 awards.

The kingdom's national airline recorded a 55 per cent improvement this year, the most by any airline. This moved it up in the overall global rankings to 26th position, from being 57th in 2019.

It ranked first in the category ahead of Rwandair, which was in second place, and South America's JetSmart, which came in third.

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FIGHT CARD

From 5.30pm in the following order:

Featherweight

Marcelo Pontes (BRA) v Azouz Anwar (EGY)

Catchweight 90kg

Moustafa Rashid Nada (KSA) v Imad Al Howayeck (LEB)

Welterweight

Mohammed Al Khatib (JOR) v Gimbat Ismailov (RUS)

Flyweight (women)

Lucie Bertaud (FRA) v Kelig Pinson (BEL)

Lightweight

Alexandru Chitoran (BEL) v Regelo Enumerables Jr (PHI)

Catchweight 100kg

Mohamed Ali (EGY) v Marc Vleiger (NED)

Featherweight

James Bishop (AUS) v Mark Valerio (PHI)

Welterweight

Gerson Carvalho (BRA) v Abdelghani Saber (EGY)

Middleweight 

Bakhtiyar Abbasov (AZE) v Igor Litoshik (BLR)

Bantamweight:

Fabio Mello (BRA) v Mark Alcoba (PHI)

Welterweight

Ahmed Labban (LEB) v Magomedsultan Magemedsultanov (RUS)

Bantamweight

Trent Girdham (AUS) v Jayson Margallo (PHI)

Lightweight

Usman Nurmagomedov (RUS) v Roman Golovinov (UKR)

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Tarek Suleiman (SYR) v Steve Kennedy (AUS)

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Dan Moret (USA) v Anton Kuivanen (FIN)

MATCH INFO

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UAE currency: the story behind the money in your pockets
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Venue: Sharjah Cricket Stadium

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Table:

1. Balkh Legends 6 5 1 10

2. Paktia Panthers 6 4 2 8

3. Kabul Zwanan 6 3 3 6

4. Nagarhar Leopards 7 2 5 4

5. Kandahar Knights 5 1 4 2

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Tips for used car buyers
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  • If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: June 23, 2023, 3:43 PM