Current:Home > ContactDubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon -DataFinance
Dubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon
View
Date:2025-04-19 01:07:36
DUBAI, United Arab Emirates (AP) — The biennial Dubai Air Show opens Monday as airlines are poised to make major aircraft purchases after rebounding from the groundings of the coronavirus pandemic, even as Israel’s war with Hamas clouds regional security.
That conflict, as well as Russia’s war on Ukraine, likely will influence the five-day show at Al Maktoum Airport at Dubai World Central. It is the city-state’s second airfield after Dubai International Airport, which is the world’s busiest for international travel and home base for the long-haul carrier Emirates.
While commercial aviation takes much of the attention, arms manufacturers also have exhibitions at the show. Two major Israeli firms — Rafael Advanced Defense Systems Ltd. and Israel Aerospace Industries are participating.
Rafael also sponsored a meeting of air force commanders Sunday at a luxury Dubai hotel, highlighting the balancing act being struck by the UAE amid anger in the Arab world over the Israel-Hamas war. The UAE, a federation of seven sheikhdoms, established diplomatic relations with Israel in 2020.
The firm Russian Helicopters likely will have staff on hand for the air show after appearing at the Abu Dhabi arms fair earlier this year despite being sanctioned by the U.S. and others over Moscow’s attack on Ukraine. ROSCOSMOS, the Russian state space company, also is at the show.
Global aviation is booming after the coronavirus pandemic saw worldwide lockdowns and aircraft grounded — particularly at Al Maktoum Airport, which served for months as a parking lot for Emirates double-decker Airbus 380s.
Air traffic is now at 97% of pre-COVID levels, according to the International Air Transport Association. Middle Eastern airlines, which supply key East-West routes for global travel, saw a 26.6% increase in September traffic compared to a year earlier, IATA says.
Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday. That is up from $1.2 billion for the same period last year, potentially putting the airline on track for another record-breaking year. The airline says it has repaid some $2.5 billion of the loans it received during the height of the pandemic to stay afloat.
Tim Clark, president of Emirates, told Bloomberg in September to “watch this space” when it comes to purchases from both Airbus and Boeing during the air show. The airline is hiring a slew of new pilots and crew, likely to staff new aircraft.
“We’ve got a lot of big plans for the airline going forward,” Clark said. “New fleet, larger numbers, larger network.”
Also in the market is Riyadh Air, a new Saudi carrier being creataed as part of trillions of dollars worth of spending planned in the kingdom. In March, the airline announced an order of up to 72 Boeing 787-9 Dreamliner jetliners and has further plans to expand.
Turkish Airlines also may make a record-shattering purchase of 355 aircraft from Airbus, including 250 A321neo aircraft, according to the state-run Anadolu news agency.
veryGood! (1666)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Last month was the hottest June ever recorded on Earth
- How Riley Keough Is Celebrating Her First Emmy Nomination With Husband Ben Smith-Petersen
- Trader Joe's has issued recalls for 2 types of cookies that could contain rocks
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- Annoyed by a Pimple? Mario Badescu Drying Lotion Is 34% Off for Amazon Prime Day 2023
- As Flooding Increases, Chicago Looks To Make Basement Housing Safer
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- The ‘Plant Daddy of Dallas’ Is Paving the Way for Clean, Profitable Urban Agriculture
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Over-the-counter birth control is coming. Here's what to know about cost and coverage
- West Baltimore Residents, Students Have Mixed Feelings About Water Quality After E. Coli Contamination
- Why Chinese Aluminum Producers Emit So Much of Some of the World’s Most Damaging Greenhouse Gases
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Decarbonization Program Would Eliminate Most Emissions in Southwest Pennsylvania by 2050, a New Study Finds
- Wide Leg Pants From Avec Les Filles Are What Your Closet’s Been Missing
- The Poet Franny Choi Contemplates the End of the World (and What Comes Next)
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
TikTok’s Favorite Hair Wax Stick With 16,100+ 5-Star Reviews Is $8 for Amazon Prime Day 2023
Inflation may be cooling, but the housing market is still too hot for many buyers
Planet Money Paper Club
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Why Patrick Mahomes Says Wife Brittany Has a “Good Sense” on How to Handle Online Haters
As seas get hotter, South Florida gets slammed by an ocean heat wave
Nordstrom Anniversary Sale 2023: Everything Ambassadors Need to Know to Score the Best Deals