Richard Aboulafia, vice president of analysis at the Teal Group of Fairfax, Virginia, wonders whether Emirates has bitten off more than it can chew with the A380. The lack of operating lessors is an indication of a weak-to-nonexistent secondary market. And Emirates’ insistence on low average fleet age–a year ago, its strategy officials were aiming for under six years–means that the airline could have to start offloading its earliest A380 components in the fleet as soon as next year.
Air Transport and Cargo
News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
The spectacular rise of Emirates and its Gulf rivals confounded the expectations of mature carriers in the U.S. and Europe. These fifth- and sixth-freedom carriers have limitless ambitions and enjoy the revenues won through hydrocarbon abundance to back them up. But personalities have also played a role and one thing is sure: the Ruler of Dubai has made himself a pivotal player on the world’s aviation stage.
“Etihad Airways is the fastest-growing airline in the history of commercial aviation,” said James Hogan, president and CEO, upon the announcement that Etihad will begin nonstop flights to Los Angeles from Abu Dhabi beginning June 1, 2014.
Al Maktoum International Airport at Dubai World Central (DWC), Dubai’s second airport, originally planned to accommodate 160 million passengers when complete, will see its development speeded up dramatically if Dubai’s bid to host World Expo 2020 is successful.
Business success anywhere in the world can often depend on a company’s willingness to serve local interests as much as on its ability to offer a good-quality product at a fair price. In the Middle East, perhaps more than elsewhere, a company’s product offerings best come with a readiness to help build a foundation for industrial and societal development. Boeing learned that lesson the hard way, as its past tendency to simply “parachute in” for sales resulted in some lackluster results over the years, particularly in the commercial realm.
Boeing will consider other locations to assemble its new 777X after its machinists union voted down a proposed contract extension that was described as critical to basing work on the new widebody in the Puget Sound region of Washington state.
The union representing Boeing machinists scheduled a November 13 vote on a new contract offer from the company that is described as critical to its decision to base work on the new 777X widebody in the Puget Sound region of Washington state. The basing decision also depends on the state legislature’s approving an incentives package, according to Gov. Jay Inslee.
Next week’s Dubai Airshow, running from November 17 to 21, is set to provide yet more evidence of the soaring ambitions of the Gulf region’s air carriers, and Boeing’s new 777X twinjet seems set to be the main beneficiary of their relentless fleet expansion plans.
Washington state Gov. Jay Inslee said Boeing will assemble the new 777X widebody and build its carbon fiber composite wing in the Puget Sound region of his state, an economic windfall that depends on Boeing’s machinists’ union ratifying a new contract and the state Legislature approving an incentives package.
Delivery of the $40 billion NextGen ATC modernization will likely remain highly vulnerable to the vicissitudes of politics unless those charged with implementing the system work to protect its funding streams, senior industry leaders told the recent Air Traffic Control Association (ATCA) conference and exposition.