Aviation-Tips and Tutorials | Contact

 





Dubai Aerospace Enterprise

Word Count:
305

Summary:
Dubai will invest in the aviation business.


Keywords:
Dubai,aviation,aerospace,aircraft,airport,investment


Article Body:
Dubai, prospering from near-record oil prices, plans to invest $20 billion to create a company that will lease planes, develop airports and make aircraft parts to tap into growing demand for air travel in the Middle East and Asia. The family ruled emirate, which owns the largest Arab airline, may buy as many as 50 wide-body aircraft from Boeing and Airbus in the next four years, said Rashid Al-Malik, project director for the planned company, which will be called Dubai Aerospace. "It's not surprising Dubai is moving into these activities because the whole focus of the aerospace industry has shifted eastward in recent years," said Doug McVitie, managing director of Arran Aerospace, a forecasting company in France.

Mr. Al-Malik said Middle Eastern governments including Dubai, Abu Dhabi and Qatar had ordered as many as 300 aircraft for delivery in the next five years and Dubai Aerospace would order its first this year.

The Dubai Government at the weekend announced the formation of Dubai Aerospace Enterprise as a holding company with six operating subsidiaries.

Dubai Aerospace Enterprise will be chaired by Sheikh Ahmed bin Saeed al Maktoum, chairman of the Emirates airline group and president of the Dubai department of civil aviation.

Dubai's ambitious foray into the aerospace industry will build on the presence the emirate has already established in the aviation sector through the development of Dubai international airport and the rapid expansion of Emirates into one of the world's leading long-haul airlines.

The business concept here is to create a new hub for aviation, from the leasing and maintenance of planes to training personnel at a new university to operating other airports and even manufacturing aircraft. It clearly makes excellent business sense to lever off Emirates position as a major buyer of aircraft to promote the Dubai Aerospace Enterprise to the aircraft manufacturers like Boeing and Airbus.

 

 
Translate Page Into German Translate Page Into French Translate Page Into Italian Translate Page Into Portuguese Translate Page Into Spanish Translate Page Into Japanese Translate Page Into Korean

More Articles



More Articles


A Look Inside Frequent Flyer Programs

... to you. It's not uncommon that airlines add new routes after you join the program.You might be able credits on that route but not use awards there. Another important not that you should be aware of is that airlines usually restrict the transfer of mileage earnings. Most often being the sail or attempted ... 

Read Full Article  


Airline Tickets: Make Some Time To Save Some Money

... Sometimes, travelling with a tourist package is cheaper than planning your trip by yourself. This happens because agencies offer packages that include airline tickets, hotels, sightseeing, visits to landmarks, car rental and some other things. Different prices - Same arrival Since there are many airline ... 

Read Full Article  


Find Great Airline Fares For Your Trip

... start your search by talking to a travel agent and getting some advice about current airline fares, or you can start by searching for airline fares on your own. Just be sure to do a fair amount of searching before you make any purchases. Coming up with a budget for different aspects of your trip can be ... 

Read Full Article  


EOS Airlines’ $6500 Roundtrip Airfare

... Airlines, here is what you can expect, besides paying a premium price: <li>48 passenger lumbar support seating; every person receives 21 square feet of personal space [individualized suites] for a combined work/rest/dining area; <li>Convertible seats that can be easily changed into a 78 inch ... 

Read Full Article  


Airline Reservation Online Money Saving Tips

... Book your flight as soon as you decide on travel plans. Airlines give discounts for reservations made at least 3 weeks in advance. The best rates often include a Saturday night stay and have travel dates duri... Keywords: airline reservation online, airline reservation, airline tickets,airfare Article ... 

Read Full Article  

Aviation News from Yahoo:

AVIATION AND CLEAN TECHNOLOGY LEADERS LAUNCH MIDWEST AVIATION SUSTAINABLE BIOFUELS INITIATIVE

CHICAGO, May 23, 2012 /PRNewswire/ -- United Airlines (NYSE: UAL), Boeing (NYSE: BA), Honeywell's UOP, the Chicago Department of Aviation and the Clean Energy Trust today announced the formation of the ...

Pentastar Aviation announces new chief pilot

WATERFORD, Mich., May 21, 2012  /PRNewswire/ -- Kip Catlin has joined Pentastar Aviation as Chief Pilot for the organization.  With over 12,500 flight hours, Catlin was most recently a captain at Northern ...

Ministry of Civil Aviation to Share Perspective on the Future of Indian MRO at Airline Engineering and Maintenance ...

MUMBAI, May 24, 2012 /PRNewswire/ --Prashant Sukul, Joint Secretary, Ministry of Civil Aviation will share his perspective on the future of Indian MRO and also on the recent FDI policy at the UBM Aviation's ...

GE Aviation and Emirates Airline Work Together to Optimize Traffic Flows, Reduce Flight Costs

GE Aviation has been selected by Emirates airline to provide GE’s airline-based flow management system for a 16-month validation at Dubai International Airport. To commence in July

First Aviation Announces Management Changes

WESTPORT, Conn., May 18, 2012 /PRNewswire/ -- First Aviation Services Inc. (PINKSHEETS: FAVS) today announces several senior executive changes at the Company and its operating subsidiary.Mr. Andrew R. ...

Ebooks | Contact Us | About | Advertise with Us |Sitemap | Miscellaneous Articles | Site Terms and Legal Disclaimer | Extras | Topics |

Copyright: EXZOrders.com -