Aviation Experts Still Upbeat about Industry.Summary: ABU DHABI Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. u Aviation experts believe that the regional
airline industry will continue its impressive growth over the next five
years, despite the gloom that engulfs the industry elsewhere in the
world, according to according toprep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a survey conducted by Terrapinn who are the organisers of the second Middle East Aviation Outlook Summit to be held in Abu Dhabi from March 2 to 5. The survey, which was conducted amongst more than 400 top executives from the aviation industry from around the world and the Middle East , Aa revealed that 90 per cent of the respondents are still upbeat about the Middle East aviation industry. Fifty per cent of the respondents stated that growth will continue due to government support, followed by geographic location (43.5pc) the strength of regional economies (35.5pc) and consumerAEs purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. 37pc. According to these experts, Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. , Qatar , and the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. are
likely to continue with a large proportion of their investment plans.
These include mega-aviation infrastructure projects, airport expansions
and new airports. Dubai is a case in point. The emirate e·mir·ate n. 1. The office of an emir. 2. The nation or territory ruled by an emir. Noun 1. emirate - the domain controlled by an emir has just awarded a Dhs 4.9 billion ($1.3 billion) contract to build a new concourse at its international airport, the busiest hub in the Middle East . Work is to commence immediately with its completion scheduled by the end of April 2011. The majority of respondents in the survey thought the biggest obstacle to ME aviation growth in the next 12 months was volatile fuel prices 65pc, followed by operational efficiency 25.4pc, government policy 23.8pc and recruitment of pilots 20.6pc. About 53pc of them felt that the biggest opportunity for airlines is passenger growth from Middle Eastern countries followed by the Subcontinent, Asia and then Europe, which is in line with the demographic make up of the region and in line with recent regulatory and route development efforts of regional players. The Terrapinn survey also showed that 60pc of the respondents were of the opinion that the regional legacy carriers will face their stiffest competition from Low Cost Carriers, both regional and international. 64pc of them agreed that the Middle East needs more airport capacity. oThe Middle East Aviation Outlook SummitAawill take place Aa at Beach Rotana Hotel and Towers in Abu Dhabi .Aait is expected to draw participants from the worldAEs top airlines such as Etihad, Oman Air This article has multiple issues: * It needs additional references or sources for verification. * It may need copy editing for grammar, style, cohesion, tone and/or spelling. , Kuwait Airways Turkish Airlines, Wataniya, Royal Jet, Gulf Air, Air Arabia, Sama, Qatar Airways, Jazeera Airways, Airblue, Maximus Air Cargo Maximus Air Cargo is a cargo airline based in Abu Dhabi, United Arab Emirates. It started operations in 2003 and provides outsize and general cargo transport using Antonov An-124, Ilyushin Il-76 and Lockheed Hercules aircraft leased in as required. , Kingfisher, Air Asia X, and Mihinlanka Airlines. It also features leaders from the Middle EastAEs foremost airports authorities including Abu Dhabi Airports Company (ADAC ADAC Allgemeiner Deutscher Automobil Club (German automobile club) ADAC Aboriginal Drug and Alcohol Council ADAC Art Directors and Artists Club (Sacramento, California) ADAC Alcohol and Drug Abuse Council ,) Oman Airports Management Company and Cairo Airport Company. ramavarman@khaleejtimes.com Copyright 2008 Khaleej Times. All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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