VIRGIN Australia has told the competition watchdog it believes the Qantas-Emirates tie-up does not produce public benefits that outweigh the proposals anti-competitive detriment. Australia’s second biggest carrier, which is 10 per cent owned by Etihad and has its own marketing alliance with the Abu Dhabi-based carrier, said the proposal raised complex issues across many markets including some in which its rivals would have a big combined market share.
The emirate is spending $33 billion on Al Maktoum International on expectations its existing hub won’t be able to cope with surging demand.
For Chicago-based Boeing, this year’s show offers a chance for its revamped 737, called the 737 Max, to close a gap with a rival jet. The Max has a more fuel-efficient engine than its predecessor and will compete with Airbus’ A320neo, another top-selling plane in the same size range that is getting a new engine. Higher fuel prices mean airlines are willing to pay for more fuel efficiency.
Official reports have targeted a year-end launch but speaking exclusively to Business Traveller Middle East, Khalifa Al Zaffin, executive chairman of Dubai Aviation City Corporation, said: “Whether it’s first, second or third quarter, it’s not my call but I think it’s going to happen [before end 2013].”
Passenger volumes at Dubai International Airport are set to exceed 75 million by 2015, a top official of Dubai Airport said on Tuesday. Around 3.97 million passengers passed through the world’s fourth busiest airport for international passenger traffic in May, compared with 3.65 million passengers during the same month in 2010.
Hotels in Dubai bucked a severe downturn in the Middle East hospitality sector with an occupancy of 79 per cent and a revenue per available room of $199.14 — highest regional scores recorded for the first two months of 2010 — Deloitte, a leading global consultancy and auditing firm, said on Tuesday.
The completion date for new passenger terminal at Dubai’s Al Maktoum International Airport (DWC) has been pushed back to 2018. Dubai Airports, the owner and...
The UAE has presented a bid to the International Exhibitions Bureau at the conference held today in Paris at head-office of the Organisation for Economic Co-operation and Development (OECD), to host Expo 2020 in Dubai. The move follows the directives by Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum.
Emirates Airline and the Victoria Racing Club (VRC) today announced a new sponsorship agreement that will see the two organisations working closely together to grow the Emirates Melbourne Cup’s international profile. The contract, which was signed in Emirates’ hub of Dubai.
The opening of the Dubai World Central Al Maktoum International Airport passenger terminal has been delayed by eight months while new expansions are being planned, a top official said. Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Dubai Airports, said yesterday at the opening of Middle East Business Aviation (Meba) show that "there will be huge expansions taking place at the airport" which will be announced soon.
Gucci, the luxury-goods company owned by PPR SA, said it won an injunction preventing unauthorised use of the Elisabetta Gucci name, thwarting plans by the great-granddaughter of the founder to open a chain of hotels under her moniker. Elisabetta Gucci plans to open an 87-suite hotel in Dubai by the end of the year, Ziller said last month. Branded as EG Hotels and Resorts by Elisabetta Gucci, the property would showcase furniture designed by her and built by Formitalia Srl, Ziller said.
The oil-rich Gulf state of Kuwait will spend $6 billion to expand its international airport to handle 13 million passengers by 2016, the head of the civil aviation directorate said on Tuesday. "The cost of the projects amounts to $6 billion," Fawaz al-Farah told reporters at an airport show in Dubai, adding that work is expected to begin this year.
Passenger flows through Dubai's main airport jumped 13.2 percent last year, helping the airport overtake Hong Kong to become the world's third busiest for international passenger traffic, airport authorities said on Monday. Dubai's passenger traffic surged to 57.68 million people in 2012 from 50.98 million during 2011, Dubai Airports said. In the month of December, passengers rose 13.4 percent to 5.32 million.