Current:Home > reviewsDubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon -Wealth Legacy Solutions
Dubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon
View
Date:2025-04-15 04:51:19
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! (81889)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Sean 'Diddy' Combs' mother defends him amid legal troubles: 'A public lynching of my son'
- 3 crew members killed in Kentucky medical helicopter crash were headed to pick up a patient
- Lunds & Byerlys' Lone Star Dip recalled due to 'potential mold growth contamination'
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Jason Kelce Claps Back at Critics Saying Travis Kelce's Slow Start on Chiefs Is Due to Taylor Swift
- Angel Dreamer Wealth Society: Your Pathway to Financial Freedom through Expert Investment Education and AI Technology
- ‘Menendez Brothers’ documentary: After Ryan Murphy’s ‘Monsters’ Erik, Lyle have their say
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Former No. 1 MLB draft pick Matt Bush arrested for DWI after crash in Texas
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Drake Bell Details His Emotional Rollercoaster 6 Months After Debut of Quiet on Set
- California home made from wine barrels, 'rustic charm' hits market: See inside
- WNBA playoff game today: What to know about Tuesday's Sun vs Lynx semifinal
- Grammy nominee Teddy Swims on love, growth and embracing change
- Fantasy football Week 6: Trade value chart and rest of season rankings
- While Alabama fans grieve on Paul Finebaum Show, Kalen DeBoer enjoys path to recovery
- Rare $100 Off Dyson Airwrap for October Prime Day 2024 — Grab This Can't-Miss Deal Before It Sells Out!
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Popular Nintendo Switch emulator Ryujinx shuts down amid crackdown from Nintendo
Takeaways from AP’s investigation into fatal police incidents in one Midwestern city
Bigger or stronger? How winds will shape Hurricane Milton on Tuesday.
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Illegal migration at the US border drops to lowest level since 2020.
Is this the Krusty Krab? No, this is Wendy's: New Krabby Patty collab debuts this week
College football bowl projections get overhaul after upsetting Week 6 reshapes CFP bracket