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UAE to be in Top 5 aviation league: Exec
UAE to be in Top 5 aviation league: Exec Suresh Pattali / 11 May 2013 As the Middle East continues its streak of growth, the UAE will enjoy a place in the league of top five country markets in terms of demand over the next 20 years, a top aviation executive says. “We see continued strong growth in the Middle East. In fact, over the next 20-year period we see demand for 2,370 airplanes valued at $470 billion. That means the Middle East, though it’s a relatively small market on the global stage, accounts for seven per cent of the total demand,” Randy Tinseth, vice-president, marketing, for Boeing Commercial Airplanes, told Khaleej Times in an interview in Dubai. Considered the poster boy of aviation marketing, whose corporate blog has a following of 2.5 million unique visitors and more than four million hits, Randy said that in 2012, the Middle East was the fastest growing market at about 15 per cent in terms of passenger growth year on year. “We will see another good year with a market growth in excess of 14 per cent,” he said. About the UAE, the Boeing executive said the country would be in the league of top five country markets such as the US, China, Indonesia and India. “This would be one of the biggest markets — no question — not only today and tomorrow, but over the next 20 years.” Analysing the aviation bubble that burst in India, Randy said it was a case of too many airlines vying for the same passenger. However, he said, as consolidation and infrastructure investments continue to happen, India should see strong growth moving forward. Continue reading
Dubai International Airport set for runway upgrade
The runways at Dubai International Airport will be upgraded in 2014, bosses at Dubai Airports have confirmed.An 80-day project will be launched in May next year, which will see significant improvements made to the north and south runways. Some 3,000 runway lights will also be installed as part of the programme.Although the scheme will inevitably cause disruptions, airport chiefs insist the works have been meticulously planned. Talks have been held with airlines over a possible reduction in flights during the project, while Dubai World Central Airport – which will launch passenger services in October 2013 – will also be used to ensure people can still gain access to the emirate.Chief executive officer at Dubai Airports Paul Griffiths said safety and service are his two main priorities.”While we regret any inconvenience caused to our airline customers and our passengers, these upgrades are necessary to heighten safety, boost capacity and quite literally pave the way for future expansion,” he remarked.The airport has grown considerably in recent years and the capacity currently stands at 75 million passengers a year. This is set to reach 90 million by the end of the decade and there has been talk of even more expansion work beyond this.Around 66 million people are expected to fly into Dubai International in 2013 and this figure should increase in the coming years.The runway works will be crucial if the aviation hub is to become the busiest airport on the planet. This title is currently held by London's Heathrow, but with huge new airports emerging in places like China and Turkey, competition is fierce.Dubai International is in very good shape though, as a record 5.8 million passengers passed through the complex in March 2013, which was a 20.6 per cent increase on the corresponding month in 2012.Mr Griffiths said the airport has had a very successful start to the year and it has established itself as one of the most efficient aviation hubs in the world, with an average of 208 passengers boarding each plane. Continue reading
