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INFRASTRUCTURAL DEVELOPMENT - AVIATION & AIRLINES

Emirates wins two Meed awards

Posted on 21/03/2002

Emirates airline took two top honours at Meed Magazine's 2002 Awards for Business Excellence. The Dubai-based carrier was named international business airline and regional business airline servicing the Middle East. Meanwhile, Emirates Towers Hotel was chosen as the 'Middle East business hotel' for its service and dining options. In all, there were winners in ten categories, including construction, manufacturing, telecommunications, IT, aviation, hospitality and power. Over 23 companies ...  >>MORE

Gulf Air to take steps to overcome challenges

Posted on 21/03/2002

Gulf Air will take all necessary steps to overcome the "challenges" of the present, reaffirmed its chairman. "We start a new phase of countering more challenges that are the most difficult in the history of the company," said Sheikh Hamdan bin Mubarak Al Nahyan. "They derive from different circumstances and factors such as the shortage in necessary incomes from the operational process, in addition to the aftermath of the attacks of September 11 and the competition between airlines to provide ...  >>MORE

Emirates chosen world's best airline yet again

Posted on 18/03/2002

Emirates has been voted Airline of the year for the second year running in a poll that was released yesterday of more than four million passengers worldwide. The Dubai-based airline won the title ahead of Hong Kong-based Cathay Pacific at second; Singapore Airlines, third; British Airways, fourth; and Deutsche Lufthansa, fifth. The others in the top 10 bracket included Continental Airlines, Virgin Atlantic, American Airlines, All Nippon Airways and Air Canada. More than four million ...  >>MORE

Shuttle service to capital from April

Posted on 17/03/2002

Emarat Link, a Dubai-based company will offer shuttle flight service between Dubai and Abu Dhabi from early April, a press statement said. Targeted at businessmen and tourists, flights will operate daily every hour from Saturday to Thursday. The company also offers car-rental and drop-off services both in Abu Dhabi and Dubai. The terminal in Dubai is located opposite to Deira City Centre and adjacent to Dubai Creek Golf and Yacht Club, and in Abu Dhabi it is located at the Hiltonia Beach on ...  >>MORE

Gamco forecasts US$60m increase in 2002 earnings

Posted on 16/03/2002

The Gulf Aircraft Maintenance Company (Gamco) earned nearly US$120 million last year and income is expected to surge by at least $60 million this year, according to its chairman. Sheikh Ahmed bin Saif Al Nahyan said the strong performance of the company was mainly due to expansion in its services to international airlines, while earlier they were confined almost to its owner, Gulf Air. "Revenues last year stood at US$120 million and this year we expect them to climb to between US$180 and US$200 ...  >>MORE

UAE and U.S. sign open skies accord

Posted on 14/03/2002

The UAE and the U.S. signed a bilateral 'open skies' air services agreement on 12 March. ‘Similar agreements will also be finalised soon with the UK and the Philippines', said Ahmed Humaid Al Tayer, UAE Minister for Communications. He added that ‘the treaty will encourage business, travel and will add to our list of agreements with the U.S. and commitment to develop this relationship.' The agreement provides the legal framework for domestic airlines of both countries to fly to each other's ...  >>MORE

Emirates signs $90m Islamic finance deal

Posted on 14/03/2002

Emirates airline has signed a Dh330 million ($90 million) Islamic financing agreement for an airliner - the first financing of a full aircraft using an Islamic financing vehicle, over a ten-year term. This ten-year Islamic lease was arranged by HSBC's structured finance team in Hong Kong with HSBC Amanah Finance and Dubai Islamic Bank acting as Islamic structuring advisors. The Islamic funding is provided by Dubai Islamic Bank, National Bank of Dubai, HSBC Bank Middle East and ABC Islamic Bank ...  >>MORE

Emirates signs US$90m finance deal

Posted on 13/03/2002

Emirates airline has signed a Dh330 million (US$90 million) Islamic financing agreement for an airliner - the first financing of a full aircraft using Islamic financing vehicle, over a ten-year term. This ten-year Islamic lease was arranged by HSBC's structured finance team in Hong Kong with HSBC Amanah Finance and Dubai Islamic Bank acting as Islamic structuring advisors. The Islamic funding is provided by Dubai Islamic Bank, National Bank of Dubai, HSBC Bank Middle East and ABC Islamic ...  >>MORE

Abu Dhabi Aviation posts Dh51m net profit in 2001

Posted on 12/03/2002

Commercial helicopter operator Abu Dhabi Aviation yesterday announced a net profit of Dh51 million for 2001, down 5.2 per cent from the previous year. Shareholders ratified a 30 per cent cash dividend amounting to Dh39 million, proposed by the board at yesterday's annual general meeting of the Abu Dhabi Securities Market (ADSM)-listed company. Sheikh Hamdan bin Mubarak Al Nahyan, chairman, Abu Dhabi Aviation presided over the meeting. The net assets of the company have grew Dh611 million ...  >>MORE

Emirates scoops up British award

Posted on 10/03/2002

Emirates airline was recently awarded 'Best Overseas-based Airline' in the incentives section of Britain's 2002 Meetings and Incentive Travel Industry Awards. It is the first time the Dubai-based airline has won such an award at the event held in London and attended by more than 800 people. Since being founded in 1985, Emirates airline has won more than 200 awards. currently it flies six times a day to the UK from Dubai - three times daily to Heathrow and once each to Gatwick, Manchester and ...  >>MORE

Emirates may set up pilot training centre in Dubai

Posted on 10/03/2002

DNATA and an Iranian partner have signed an agreement to start ground handling services at Tehran's Mehrabad International Airport, Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation (DCA) and Chairman of Emirates Group, confirmed to Gulf News. Dubai, he added, could also be the future training option for Emirates' pilots. Last January, Emirates did not renew its three-year contract for pilots training within the U.S. and replaced the location with Australia. Sheikh ...  >>MORE

GAMCO wins RAF contract

Posted on 07/03/2002

The Abu Dhabi based Gulf Aircraft Maintenance Company (GAMCO), has won a significant five-year contract from the UK Ministry of Defence to offer maintenance and technical support services to the Royal Airforce (RAF) fleet of Lockheed Tristar aircraft. 'GAMCO has snatched the contract amid stiff international competition from other aircraft maintenance companies, GAMCO said in a press release today. Dr. Sheikh Ahmed bin Saif Al Nahyan, GAMCO's Chairman, said that competitive price, as well ...  >>MORE

Emirates orders GP7000 engines

Posted on 01/03/2002

Emirates yesterday selected the GP7000 engine from General Electric and Pratt and Whitney (GE P&W) to power its Airbus A380s, expected to be in the skies in 2006. The Dubai airline has become the second customer for the GP7000 family, following Air France's launch order for 10 firm aircraft last May. With Emirates selection, the family has become the order-leading engine on the A380 among airline customers, with 32 firm aircraft. Comprehensive negotiations are now taking place between ...  >>MORE

Afghanistan's Ariana airline resumes flights to Sharjah

Posted on 14/02/2002

An Afghanistan Ariana plane arrived at Sharjah from Kabul on 11 February, the second international flight by the airline since October 2001. The carrier will resume daily cargo flights to Sharjah, and will also operate a weekly passenger flight. http://www.sharjah.gov.ae http://www.shj-airport.gov.ae ...  >>MORE

Sharjah Pluto Airlines starts

Posted on 14/02/2002

Pluto Airline, a privately owned Sharjah based airline was, launched on February 13. Its first flights are between Sharjah and Muscat, but its main target market is the Sharjah-Senegal route to be followed by routes to Iran, Pakistan, India and Bangladesh. The airline is owned by the Al Fahem Group, which is chaired by Sheikh Fahem bin Mohammed Khalid Al Qasimi. It is the first airline to be based in Sharjah, and the UAE's first privately owned airline. >>MORE

Sharjah's new airline to take off soon

Posted on 13/02/2002

A new airline is set to taxi off from Sharjah with passenger and cargo operations to various destinations. Pluto Airlines, believed to be Sharjah's first private airline, is expected to start operations next month. Details regarding the airline and its operation are expected to be unveiled shortly, with businessman Sheikh Fahem bin Mohammed bin Khalid Al Qasimi to officially announce the airline's launch. Aviation sources said the new airline will help improve passenger traffic flow through ...  >>MORE

GCAA extends deadline for safety device

Posted on 06/01/2002

The General Civil Aviation Authority (GCAA) has extended the deadline given earlier to the airlines using the UAE's air space to install collision warning devices in their aircraft. The airlines were earlier asked to comply with instructions within six months and that period expired this January 1. The ACAS Space II has been made mandatory for passenger airliners by the Montreal-based International Civil Aviation Organisation (ICAO). It will be implemented from January 1, 2003, all over the ...  >>MORE

Sharjah denies knowledge of Afghanistan Ariana airline in Sharjah

Posted on 29/11/2001

Allegations that Afghanistan's Ariana Airlines was allowed by Sharjah International Airport to use its facilities in contravention of United Nations resolutions appeared recently in the media outside the UAE. These allegations were strongly denied by Dr Ghanem Al Hajri, director general of Sharjah Airport Authority on 22 November when he said 'What has been published is false information intended to besmirch the fair name of Sharjah Civil Aviation Authority'. He said that 'Sharjah airport ...  >>MORE

Abu Dhabi airport gets ISO certification

Posted on 28/11/2001

Abu Dhabi International Airport (ADIA) has been awarded an ISO certificate for its quality management and services, airport officials said yesterday. The International Standards Organisation awarded ADIA, the Department of Civil Aviation and all its affiliates, the Quality Management Systems Certificate ISO 2000-9001 for the quality of its services and management. According to a statement, ADIA intends to attain the highest levels of quality and safety and, to this end, is obtaining ...  >>MORE

Emirates first-half profit at Dh168.2m

Posted on 17/11/2001

Emirates airline has posted a half yearly (April-September) net profit of Dh168.2 million ($46 million) compared with Dh164.2 million ($45 million) it made in the corresponding period last year. The airline continues to operate to all its destinations. Recent trimming of frequencies on some routes is currently being phased out in a return to normal scheduled services. Operating revenue meanwhile grew a strong 14 per cent to Dh3.34 billion from Dh2.95 billion. Even though overall seat capacity ...  >>MORE

Dubai 2001 Airshow had record deals worth $24.5b

Posted on 15/11/2001

Dubai 2001 finished on 8 November with 30,000 visitors this year, with confirmed deals worth $18.5 billion and another $6 billion to follow. This includes the record breaking $15 billion announced by Emirates airline on 4 November. http://www.dubai-2001.com, http://www.emirates.com ...  >>MORE

Airlines confident of UAE airspace safety, show figures

Posted on 14/11/2001

The movements of aircraft overflying the UAE flight information region (FIR) in both the eastern and western directions have increased by 46.7 per cent during October 2001 against the same month of 2000 reflecting the confidence of the airlines in the safety of the UAE airspace following the US-led attack on Afghanistan which has made airlines avoid the Afghan FIR. Mohammad Ghanim Al Ghaith, director general of the General Civil Aviation Authority (GCAA), told reporters in Dubai on Tuesday that ...  >>MORE

Dubai 2001 generates deals worth US$24.5b

Posted on 10/11/2001

Dubai 2001 which successfully concluded last Thursday saw confirmed deals worth US$18.5 billion and another US$6 billion in follow-ups. This includes the US$15 billion historic order announced by Emirates airline on the opening day. Meanwhile, Crown Prince of Dubai and UAE Defence Minister General Sheikh Mohammed bin Rashid Al Maktoum, hosted Emir of Bahrain His Highness Sheikh Hamad bin Isa Al Khalifa at the air show. UAE Armed Forces Chief of Staff Lt-Gen Sheikh Mohammed bin Zayed Al Nahyan ...  >>MORE

Rolls Royce wins Emirates deal

Posted on 08/11/2001

Rolls Royce on 5 November won a $475 million contract to supply Trent engines to Emirates airlines. The order will mean that Emirates will become the world's largest customer for the Trent 700. Rolls Royce is also in the race for the engines on the 22 A380s on firm order, and up to 10 options, and the 25 Boeing 777s, which formed part of Emirates' announcement at the air show. http://www.emirates.com, http://www.rollsroyce.com ...  >>MORE

Abu Dhabi – Dubai air service taxi to begin soon

Posted on 08/11/2001

A new luxury seaplane taxi service between Abu Dhabi and Dubai will launch in December 2001. A newly formed company, Emarat Link, whose chairman, Mohamed bin Thaaloob announced the plan on 5 November, will run the service. The airline will fly 12, twenty minute flights a day using the 9 passenger seat Cessna Caravan aircraft between Abu Dhabi and Dubai, at a fixed return fare of Dh550. ...  >>MORE

Gulf Air report to be ready in 2002

Posted on 07/11/2001

The report on complete restructuring of Gulf Air is expected to be ready by the end of next year, the airline said yesterday. Gulf Air has retained aviation consultants Simat Helliesen and Eichner Inc to undertake a comprehensive review of the airline and provide recommendations for restructuring the company and restoring its profitability. The assignment, which began recently, is expected to last until the end of next year. "Simat Helliesen and Eichner has an exceptional record of assisting ...  >>MORE

Emirates' unit wins five deals

Posted on 07/11/2001

Five new engineering contracts have been awarded to Emirates Engineering -whose latest high-tech maintenance facility opened for business last week. Today, engineers from the Dubai-based international airline start their first-ever major maintenance check for an outside customer, a "4C" check on a Lauda Air Boeing 777 which will remain in the new $4.5 million computer-controlled aircraft dock for 18 days. The giant 330 tonne dock adjusts automatically to give engineers safe access to all ...  >>MORE

Khalifa bin Zayed Air College, Cert in Dh5.6m deal

Posted on 07/11/2001

The Khalifa bin Zayed Air College and the Centre of Excellence for Applied Research & Training (Cert) of the Higher Colleges of Technology will jointly provide specific training programmes at Al Ain Air Force Cadet Training facility. This will be for two years. The Dh5.6-million agreement was signed by Dr. Tayed A. Kamali, managing director of Cert, and Colonel Ali Khadim Salem Ali Mansoori, Commander, Khalifa bin Zayed Air College yesterday. The two will collaborate on delivery of ...  >>MORE

Sheikh Mohammed says aircraft deal a message of peace

Posted on 05/11/2001

General Sheikh Mohammed Bin Rashid al Maktoum, Dubai Crown Prince and Defence Minister, today said that the US$ 15 billion aircraft deal that the Emirates today signed with Boeing and Airbus was a message of peace from the UAE to the outside world. He said that the 47 Boeing and Airbus aircraft was to show the world that social, economic and human development projects were a priority for the UAE. "The message is to show the UAE as a civilised country that has a great pride in its genuine Arab ...  >>MORE

Emirates sign US$15 billion deals

Posted on 05/11/2001

Emirates Airlines announced today its largest-ever aircraft order for 58 Boeings and Airbuses at a combine massive value of Dh 55.5 billion (15 billion dollars), a company press statement said today. Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman, and his Boeing counterpart Seddik Belyamani, signed a letter of intent for 25 more Boeing 777-200 and - 300 aircraft to be delivered between 2004-2010. Emirates has also placed firm orders for 22 of the giant double-decker Airbus A380, with ...  >>MORE

Fabrication work on F-16s for UAE starts

Posted on 05/11/2001

Fabrication on the first structural part of the Block 60 F-16s for the UAE Air Force has been started by Lockheed Martin. "Cutting the first chips was an important milestone for the programme," John Bean, vice-president of the UAE Block 70 programme. "It is exciting to finally be building the actual aircraft," he is quoted as saying in Flight Daily News. The first aircraft will be completed late next year and will undergo several years of flight testing in the U.S., with the actual delivery ...  >>MORE

Emirates to add more routes

Posted on 04/11/2001

Emirates is looking to add Shanghai, Osaka, Casablanca, Khartoum, and Kochi to its future destinations, and the September 11 events have not delayed its 2003 plan to fly to New York, Los Angeles and Toronto. Since September 11, Emirates has seen a 1 to 2 per cent increase in the number of passengers carried. The rise was 66-67 per cent in the same period last year, said Maurice Flanagan, Emirates Group managing director. Unlike other regional carriers which are trimming staff due to the global ...  >>MORE

Emirates to pursue major IT expansion

Posted on 04/11/2001

Emirates airline has budgeted Dh220 million (US$60 million) as part of a major expansion to its high speed IP (for Internet Protocol) network, which will offer "significant" cuts in communication costs, according to its chairman. The proposed expansion will also extend to the operations of SriLankan airline, in which Emirates Group has a 40 per cent stake and management control. Further details of the concerned project, which will oversee the carriers' requirements over a five-year term, are ...  >>MORE

Aviation event stirs up interest in new markets

Posted on 03/11/2001

The Dubai 2001 air show will this year have its largest-ever participation from former Russian satellite states as the region's aircraft manufacturers, airlines and maintenance providers begin a drive for new markets. Companies from Azerbaijan, Belarus, Georgia and the Ukraine feature in the exhibitor profile of Dubai 2001, the international aerospace exhibition, which takes place at Airport Expo Dubai from November 4 to 8. Russia is also strongly represented at the show with some 10 ...  >>MORE

Emirates chosen best scheduled airline

Posted on 30/10/2001

Emirates has been named the best-scheduled Airline in one of the most significant studies yet of the travel tastes and habits of British travellers. Readers of the Telegraph, Britain's biggest-selling quality paper, chose the Dubai-based international airline as winner in its Travel Awards 2001, toppling Singapore Airlines from the N0. 1, spot, with Virgin Atlantic third. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Department and Emirates said that though the airline ...  >>MORE

Dubai airport tightens security check

Posted on 26/10/2001

Safety measures at Dubai International Airport are being beefed up with all passengers being requested not to carry any sharp objects in their hand baggage. Items such as nail files, scissors of any size, pocket knives, items with sharp edges, toy guns, cutlery etc. will be confiscated by the airport security if found in hand baggage, according to a statement from Dubai's Department of Civil Aviation. Sheikh Ahmed bin Saeed Al Maktoum, President of the Department of Civil Aviation and ...  >>MORE

UAE airspace safe for commercial jets

Posted on 09/10/2001

UAE airspace safe for commercial jets UAE air space is safe for commercial airliners which are operating normally, said a senior official at the General Civil Aviation Authority (GCAA) yesterday. "Flights are operating normally in UAE air space," said Riis Johansen, GCAA's Director, Air Navigation Services. He however refused to comment on whether the GCAA has issued specific instructions to airlines using UAE airspace. "This is something related to security matters and I will not comment." ...  >>MORE

Dubai airport tightens security check

Posted on 27/09/2001

Safety measures at Dubai International Airport are being beefed up with all passengers being requested not to carry any sharp objects in their hand baggage. Items such as nail files, scissors of any size, pocket knives, items with sharp edges, toy guns, cutlery etc. will be confiscated by the airport security if found in hand baggage, according to a statement from Dubai's Department of Civil Aviation. Sheikh Ahmed bin Saeed Al Maktoum, President of the Department of Civil Aviation and ...  >>MORE

Emirates, Gulf Air provide war risk funds

Posted on 26/09/2001

Owners of the two leading regional airlines - Gulf Air and Emirates - have put up a Dh7.35 billion (US$2 billion) guarantee each to cover the airlines against the new war risk insurance. Abu Dhabi, Bahrain, Qatar and Oman have jointly granted Gulf Air a guarantee to cover the US$2 billion new third party war risk insurance, the airline announced yesterday. The Dubai government - which owns Emirates - meanwhile announced a similar guarantee for the local airline. The US$2 billion guarantee for ...  >>MORE

Emirates Airlines to replace metal cutlery with plastic on UK flights

Posted on 20/09/2001

It was announced on 16 September Emirates Airlines will replace metal cutlery with plastic on all flights to the UK to meet a new mandatory security directive from the British government. The Dubai airline says it is considering instigating this world-wide. The airline is acting upon evidence that the hijackers involved in the terrorist attacks on the U.S. used metal cutting tools as weapons. Dubai International Airport has also tightened security for all passengers and personnel. An ...  >>MORE

Dubai Air Show to go ahead despite terrorist attacks in U.S.

Posted on 20/09/2001

Despite events of the past week, the Dubai 2001, 7th international aerospace exhibition will go ahead in November 4 to 8, said Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation and chairman of Emirates on 18 September. 'It is very much business as usual. In the past week we have had one exhibitor withdraw from the show. But, we have just received verbal confirmation from a new U.S. exhibitor that wants to take part, as well as a stand space expansion request from a leading ...  >>MORE

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Quick List

Emirates wins two Meed awards


Gulf Air to take steps to overcome challenges


Emirates chosen world's best airline yet again


Shuttle service to capital from April


Gamco forecasts US$60m increase in 2002 earnings


UAE and U.S. sign open skies accord


Emirates signs $90m Islamic finance deal


Emirates signs US$90m finance deal


Abu Dhabi Aviation posts Dh51m net profit in 2001


Emirates scoops up British award


Emirates may set up pilot training centre in Dubai


GAMCO wins RAF contract


Emirates orders GP7000 engines


Afghanistan's Ariana airline resumes flights to Sharjah


Sharjah Pluto Airlines starts


Sharjah's new airline to take off soon


GCAA extends deadline for safety device


Sharjah denies knowledge of Afghanistan Ariana airline in Sharjah


Abu Dhabi airport gets ISO certification


Emirates first-half profit at Dh168.2m


Dubai 2001 Airshow had record deals worth $24.5b


Airlines confident of UAE airspace safety, show figures


Dubai 2001 generates deals worth US$24.5b


Rolls Royce wins Emirates deal


Abu Dhabi – Dubai air service taxi to begin soon


Gulf Air report to be ready in 2002


Emirates' unit wins five deals


Khalifa bin Zayed Air College, Cert in Dh5.6m deal


Sheikh Mohammed says aircraft deal a message of peace


Emirates sign US$15 billion deals


Fabrication work on F-16s for UAE starts


Emirates to add more routes


Emirates to pursue major IT expansion


Aviation event stirs up interest in new markets


Emirates chosen best scheduled airline


Dubai airport tightens security check


UAE airspace safe for commercial jets


Dubai airport tightens security check


Emirates, Gulf Air provide war risk funds


Emirates Airlines to replace metal cutlery with plastic on UK flights


Dubai Air Show to go ahead despite terrorist attacks in U.S.