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Tag Archives: UAE

The UAE case study shows why open markets work

By Bernd Debusmann Jr – arabianbusiness.com As the United States lurches uncomfortably towards protectionism and the possibility of a trade war caused by President Donald Trump’s vow to slap stiff tariffs on steel and aluminium imports, businesses across the UAE can breathe a sigh of relief that they operate in a country that has – from the very beginning – been driven by competitiveness and the concept of free trade. …

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EU should consider economic benefits of increased Gulf travel, says UAE official

A senior UAE official has opined that European nations should take a good look at the wide range of economic benefits of increased Gulf travel as opposed to training its focus on the fate of national airlines. The senior UAE official made the remarks right before open skies negotiations begin with the European Union. National flag carriers such as Lufthansa of Germany expressed its concern that it would lose business …

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Emirates Airline President Tim Clark asserts they have not violated any trade agreement with the US

Emirates Airline President, Sir Tim Clark, hit back at allegations that his airline has breached a trade agreement with the United States. He also emphasized that they have nothing to hide. “We have provided our financials. We treat ourselves like a publicly listed company. We’re not, we’re a private company,” Clark was quoted as saying. “The government of Dubai, which owns Emirates, doesn’t have to publish anything. But we publish …

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KPMG Partner Examines Challenges Around Amending EU Aviation Legislation

By aviationbusinessme.com European carriers have been waiting with bated breath for the amended aviation legislation which they hope will make them competitive once again. For over a decade now, airlines in the European Union have been losing market share to third country carriers (TCCs). The EU Commission has taken up their concern and announced various options that it is looking into. A combination of factors, including more modern fleets, superior service, …

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Emirates Group signs MoU with Andhra Pradesh

The Emirates Group has inked a Memorandum of Understanding with the Andhra Pradesh Economic Development Board to create a framework for collaboration in numerous aviation areas to support the rise of Andhra Pradesh’s aviation sector. The agreement paves the way for the sharing of industry expertise and the identification and investment opportunities that would allow for the development of the state’s aviation infrastructure. “The Emirates Group is committed to future …

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Qatar expected to release financial information regarding Qatar Airways

Qatar is set to divulge detailed information regarding the finances of the state-owned carrier, Qatar Airways. The development was made public by the United States Department, in a move that is said to come as a result of the enormous pressure placed on the Qatar by US airlines to disclose any potential subsidies it may have received. Under the terms of the understanding, U.S. officials said Qatar Airways would be …

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India hits pause on talks with Dubai regarding increase on flying rights

The Aviation Ministry of India has decided it would stop negotiating with Dubai on increasing bilateral flying rights for now. A senior official of the Ministry that had direct knowledge of the situation but asked to remain anonymous, disclosed the recent development. “It has been decided to put the issue of Dubai bilaterals on hold after the internal proposal to increase flying entitlements between India and Dubai by about 8,000 …

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Emirates Group Security and Etihad Aviation Group sign MoU for cooperation in aviation security

Both Emirates Group Security and the Etihad Aviation Group have signed a Memorandum of Understanding for the cooperation in aviation security. Signing the MoU were Tim Clark, the President of Emirates Airline and Tony Douglas, the Chief Executive Officer of the Etihad Aviation Group. Also witnessing the signing were Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group, Hamad Abdulla Al Shamsi, Vice Chairman, Etihad …

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Major restructuring of UAE’s airspace eases air traffic congestion

The substantial restructuring of UAE’s airspace has opened up 150 new GPS “waypoints” for aircraft movement, in an ambitious bid to ease air traffic congestion, cut down on fuel costs and make way for more development in the country’s aviation sector. “The Air Space Restructuring project aims to deliver crucial benefits to the UAE’s aviation sector, enhancing airspace capacity to meet forecast air traffic demand for 2020 and beyond,” said …

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India rebuffs UAE’s request for direct flights to northeast of the country

The expansion plans of carriers from the Arabian Gulf suffered a setback after India reportedly rebuffed Dubai’s requests for more direct flights to the northeast region of the country. The Dubai Civil Aviation Authority reportedly requested India’s Ministry of Civil Aviation for permission to fly to northeastern airports without stopping in Delhi or Mumbai, under an “open sky” policy. However, reports indicate that the request has been denied. “We have …

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