Airline Industry

Attractiveness of the airline market in UAE and Dubai ?Middle east wind it is placed at the middle of a market with foursome billion people: China, India, south-east Asia, the Russian Federation, Europe. ?UAE was one of the worlds wealthiest countries, with a GDP of $71 billion in 2002 (GDP per capita $18,906), a abstruse annual trade surplus and a stable bills - the dirham - pegged to the dollar. ?Dubais corporate tax and personal income tax rank were nil ?Population of the UAE expanded from 2.4 million in 1995 to 3.8 million in 2002 with 90% of its population foreign-born. Expatriates spoke more than 150 languages at bottom its borders, making Dubai one of the worlds most cosmopolitan cities. ?Dubais airport was compute to handle approximately 60 million passengers by 2015, more over three million fewer passengers than capital of the United Kingdom Heathrow in 2003, the busiest airport in Europe. ?In the fiscal twelvemonth 2003 ( fireing 31 litigate 2004), Emira tes carried 10.4 million passengers, an increase of almost 2 million passengers over the preceding fiscal year. Key competitors ?In October 2003, the first cheap carrier in the Middle East, direct Arabia started to operate from Sharjah, UAE.

? unrivaled month later, Etihad Airways, an airline created by a UAE government revisal signed by Sheikh Khalifa bear Zayed, Crown Prince of Abu Dhabi and police lieutenant commander of the UAE armed forces, started to offer flights from Abu Dhabi, only some 60 miles from Dubai. ?In July 2004, Etihad signed a memorandum of understanding with Airbus for 24-wide frame aircraft with options on a farther 12, in a! mass valued at $7 billion at heed prices ?Etihad had aggressive growth tar seizes be after to be operating 50 aircraft to 65 destinations by the end of 2009. One analyst remark the carrier from Abu Dhabi was oblivious to whatever notions of learning to walk in the first place it tries to choke ?Qatar Airways more than doubled passengers and revenues in the two days resultant March 2004, as part of its aggressive growth...If you motive to get a full essay, order it on our website: OrderCustomPaper.com

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