Emirates Airline yesterday announced its continued support of Emirates Team New Zealand, one of the challengers for the 35th America's Cup, to be decided in June 2017.
The President of Emirates Airline, Tim Clark, said the airline's decision was recognition of the success of the team in helping to build the Emirates brand globally, as well as signalling further commitment to New Zealand.
"Emirates started its New Zealand services in 2003 and has been naming rights sponsor of Team New Zealand since 2004," he said. "Our re-commitment for the next America's Cup challenge, lodged by the Royal New Zealand Yacht Squadron in August last year, is testament to the spirit, skill and strengths the team has shown.
"There is also no doubt that our continued support is reflective of the success the team has been in allowing us to get closer to our loyal and potential customers in New Zealand and many other countries and in building awareness of Emirates as a leading global brand.
"Our investment in Team New Zealand is one of the reasons Emirates has continued to soar in brand recognition, holding the top brand value among all airlines and now being inside the top 200 companies globally on brand value," he added.
Competition in the next America's Cup begins in July 2015, with the first event of the America's Cup World Series in Portsmouth, England, with racing on July 25th - 26th. There will be America's Cup World Series events in 2015-16 with AC45 catamarans, and the America's Cup Qualifiers, Playoffs and Finals in a new AC Class, catamaran, will be held in 2017, with the final races in Bermuda.
Emirates Team New Zealand Chief Executive, Grant Dalton, said the response to securing funding for the challenge had been encouraging.
"We have made considerable progress because the Emirates Team New Zealand brand is an international leader, well recognised in the sport. Emirates Airline has been with the team since 2004 and their decision to stay with us is important. We are fortunate to have such loyal and committed sponsors," said Dalton.
Source: WAM
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