Current:Home > NewsDubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon -FundPrime
Dubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon
View
Date:2025-04-11 16:21:39
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! (8589)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 60-year-old Disneyland worker killed falling out moving golf cart, striking her head
- John Oliver offers NY bakery Red Lobster equipment if they sell 'John Oliver Cake Bears'
- Denise Richards, Sami Sheen and Lola Sheen Are Getting a Wild New E! Reality Series
- 'Most Whopper
- A military plane carrying Malawi’s vice president is missing and a search is underway
- 1 dead, several others stabbed after Northern California lakeside brawl; suspect detained
- Tom Hardy Shares Rare Insight Into Family Life With 3 Kids
- What do we know about the mysterious drones reported flying over New Jersey?
- Canadian-Austrian auto parts billionaire arrested on multiple sexual assault charges
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- How to stop Google from listening to your every word
- Things to know about FDA warning on paralytic shellfish poisoning in Pacific Northwest
- Georgia Republican bets on Washington ties to help his nomination for an open congressional seat
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Measure aimed at repealing Alaska’s ranked choice voting system scores early, partial win in court
- Naomi Campbell Confirms Her 2 Children Were Welcomed via Surrogate
- Dan Hurley turns down offer from Lakers, will stay at UConn to seek 3rd straight NCAA title
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
NPS mourns loss of ranger who died on-duty after falling at Bryce Canyon in Utah
Teresa Giudice Breaks Silence on Real Housewives of New Jersey's Canceled Season 14 Reunion
Buc-ee's opens doors to largest store in Texas: See photos of Luling outlet
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
In the rough: Felony convictions could cost Trump liquor licenses at 3 New Jersey golf courses
Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year
Apple's WWDC 2024 kicks off June 10. Here's start time, how to watch and what to expect.