Economy of the United Arab Emirates

July 14, 2008 - 11:20am

New United Arab Emirates low-cost carrier FlyDubai kicked off firm order announcements at this year’s Farnborough International yesterday morning with a $4 billion purchase of 50 CFM56-7B-powered Boeing 737-800s. It also plans to lease an additional four machines from Babcock & Brown Aircraft Management. Under the terms of the contract, FlyDubai may convert orders for the aircraft to 737-900ERs.   

November 11, 2007 - 6:54pm

Having run the airline since its first day of operations in 1985, Emirates executive vice chairman Maurice Flanagan has achieved an appropriate measure of fame as the hand that has guided the Dubai carrier to its current position, operating more than 100 jetliners and employing 30,000 people overall. Now, Center for Asia Pacific Aviation (CAPA) has formally recognized that success by grant of a Legends Award and induction to its Hall of Fame.

December 11, 2006 - 10:14am

The Boeing 777-200LR has arrived in Dubai, fresh from setting a new world distance record for a commercial airplane. Taking off from Hong Kong at 10:30 p.m. local time on November 9, the record-setting Worldliner prototype flew eastward 11,664 nm, landing at London Heathrow Airport 22 hours and 42 minutes later, at 1:30 p.m. GMT on November 10.

November 29, 2006 - 5:49am

After several months of talks following a few years of incubation, six founding members have formed an association to further the interests of business aviation in the Middle East. Aptly named the Middle East Business Aviation Association (MEBAA), the new not-for-profit organization, which is incorporated in Dubai, elected li Ahmed Al Naqbi, vice president of finance and administration for Abu Dhabi-based Amiri Flight, its first chairman.