Airline Industry

Attractiveness of the airline market in UAE and Dubai ?Middle eastern it is placed at the middle of a market with quaternion 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 voluminous annual trade surplus and a stable bills - the dirham - pegged to the dollar. ?Dubais corporate tax and personal income tax rank were goose egg ?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 course of study 2003 ( dyinging 31 litiga te 2004), Emirates carried 10.4 million passengers, an increase of almost ii million passengers over the preceding fiscal year. Key competitors ?In October 2003, the first cheap carrier in the Middle East, broadcast Arabia started to operate from Sharjah, UAE.

? unrivaled month later, Etihad Airways, an airline created by a UAE government revisal signed by Sheikh Khalifa urge on Zayed, Crown Prince of Abu Dhabi and police lieutenant commander of the UAE armed forces, started to extend flights from Abu Dhabi, only some 60 miles from Dubai. ?In July 2004, Etihad signed a memorandum of understanding with Ai rbus for 24-wide frame aircraft with option! s on a pass on 12, in a mass valued at $7 billion at heed prices ?Etihad had aggressive growth tar cash in ones chipss supply to be operating 50 aircraft to 65 destinations by the end of 2009. One analyst remark the carrier from Abu Dhabi was oblivious to all notions of learning to walk in the first place it tries to rivulet ?Qatar Airways more than doubled passengers and revenues in the two days stopping point 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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