Airline News - Africa / Middle East.Dec 18, 2006 Emirates Airlines “Emirates” redirects here. For other uses, see Emirates (disambiguation). Emirates Airline (shortened form: Emirates) (Arabic: طيران الإماراتTayarān al-Imārāt Emirates Executive Vice Chairman Maurice Flanagan remains imperturbably im·per·turb·a·ble adj. Unshakably calm and collected. See Synonyms at cool. im  per·turb upbeat despite the challenges facing the global air transport industry. Bucking all recent trends, including fuel price increases that have pushed the fuel element of total airline costs from 13% five years ago to 30% today, the Dubai-based carrier continues its seemingly inexorable progress on the path to growth and increased profits. He pointed out that the catchment catch·ment n. 1. A catching or collecting of water, especially rainwater. 2. a. A structure, such as a basin or reservoir, used for collecting or draining water. b. population within 8 hr. flying time of Dubai is currently 5.5 billion and is projected by the UN to increase to 7.8 billion by 2050. Within a 16-hr. radius the figure rises to 6.3 billion and is projected to grow to 9 billion by 2050. "If just 10% of the population in this expanded area travel by air, and 20% of that fly via Gulf hubs, then Gulf operators will have a potential customer base of 180 million in 2050," Flanagan said. Dec 11, 2006 Emirates Airlines Emirates Executive Vice Chairman Maurice Flanagan stressed that no carrier should "do things just because other airlines are doing them." On the issue of alliances, for example, Emirates specifically has avoided joining the club. "Alliances mean you have to compromise systems and services to the alliance," he said, insisting this is something Emirates is not prepared to do. "You need to establish a clear business case to join an alliance. You don't need one not to join an alliance. We have no business case to join one, and we don't need to." Dec 11, 2006 Emirates Airlines Emirates remains bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish on growth. Emirates Executive Vice Chairman Maurice Flanagan remains imperturbably upbeat despite the challenges facing the global air transport industry. Dec 11, 2006 Turkish Airlines Turkish Airlines growth comes challenges, and VP-Commercial Orhan Sivrikaya outlined several at the airline's Ataturk International Airport headquarters Friday. A principal hurdle is the glut glut pronounced as rut, slut Vox populi An excess of a service or skilled labor in a particular area. See Physician glut. of small, low-cost carriers A low-cost carrier or low-cost airline (also known as a no-frills or discount carrier / airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services. now operating in Turkey. Sivrikaya said THY Thy thymine. remains committed to its full-service model but is planning a response "in the near future" by either launching its own low-cost operation at nearby Sabiha Gokcen International Airport or expanding its involvement in SunExpress, the Antalya-based carrier in which THY holds 50%. A capacity-constrained hub at IST, cost-cutting, a desire to increase its cargo business (it wet-leases one freighter and will convert an A310 next year) and the need to develop and mature its 24 recently launched routes also are on the agenda. Dec 11, 2006 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Dec 11, 2006 |
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