The Dubai Airshow 2019 took place during the first two days of its launch, with announced record deals exceeding 131.1 billion dirhams, most notably the signing of Emirates Airlines, a firm order to purchase 50 A350-900 XWB aircraft, at a value of $ 16 billion (58.7 billion dirhams).
There was another confirmed agreement signed by Air Arabia aimed at purchasing 120 aircraft from Airbus, at a value of $14 billion (51.5 billion dirhams), and a third order signed by the Turkish company SunExpress to buy 10 Boeing Max 8 aircraft, at a value of $14 billion. 1.2 billion dollars (4.4 billion dirhams).
The deals during the first two days of the exhibition included various military deals worth 7.62 billion dirhams, including the purchase of radars, technical support contracts, installation of equipment, provision of spare parts for reconnaissance aircraft, provision of support services, purchase of training parachutes, and maintenance services.
Also, among the deals announced were the signing of “Embraer” and the Egyptian company “Syaf” for aircraft and equipment leasing, a deal to purchase three E190 aircraft at a value of $161.4 million (592.3 million dirhams), and the signing of a contract by Nigerian Air Peace to purchase 3 Embraer E195 aircraft. -E2, at a value of $212.6 million (780.2 million dirhams), and Boeing’s announcement of the sale of two 787 Dreamliners to Biman Bangladesh Airlines, at a value of $585 million (2.14 billion dirhams).
Sanad Aviation Technologies also signed a new agreement with General Electric worth 500 million dirhams, starting in 2020, to provide maintenance services for LEAP engines.
The Tawazun Economic Council signed an agreement with the Russian Helicopter Company to pump joint investments amounting to $400 million (AED 1.47 billion), with the aim of providing it with competitive research and technology solutions.
Global Aerospace Logistics (GAL), a regional provider of integrated aircraft support solutions for military and civilian customers, headquartered in Abu Dhabi, announced that it had won a contract to provide comprehensive support for the maintenance of the UAE Joint Aviation Command fleet, worth AED 3.5 billion.
Airbus order
Emirates Airlines announced a firm order for 50 A350-900 XWB aircraft, worth $16 billion (58.7 billion dirhams), on the second day of the Dubai Airshow 2019. The national carrier is expected to start delivering these aircraft, which will be powered by Rolls-Royce XWB, from May 2023.
Nearing the completion of five years in service, the Rolls-Royce XWB engine is the most efficient large aviation engine in the world and has now logged more than 5 million flight hours in service with 29 airlines across 130 different destinations around the world. 99.9% true reliability.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Supreme Chairman and CEO of Emirates Airlines and Group, signed the deal with Guillaume Faure, CEO of Airbus. This purchase agreement replaces an agreement of intent signed last February, when Emirates Airlines announced its intention to purchase 30 A350 and 40 A330 aircraft.
Comprehensive review
His Highness Sheikh Ahmed bin Saeed Al Maktoum said: We are pleased to sign a firm order for 50 A350 XWB aircraft.. We made this decision after conducting a comprehensive review of the various aircraft options and our fleet plans, as Emirates Airlines' long-term strategy is based on Investing in modern and efficient aircraft, and we are fully confident in the performance of the A350 XWB aircraft, which will give us, along with our A380 and 777 aircraft, additional operational flexibility in terms of capacity, range and diversity of passenger cabins, which enhances our business model to provide efficient and comfortable air transport services to and from our hub in Dubai and beyond.
His Highness added: This deal reflects our confidence in the future of the aviation sector in the UAE, and also strongly confirms Dubai's strategy to be a global hub linking cities, communities and economies through a modern, world-class aviation sector.
conversations
His Highness confirmed that the talks with Boeing regarding the delay in the delivery schedule for the first "777X" to Emirates Airlines were positive and included Boeing's plans to return the 737 Max to service, which forms part of the "Fly Dubai" fleet, indicating that the meeting It was good, and the work team will follow up on the rest of the details to reach results, and we hope to announce that during the Dubai Airshow.
His Highness said, in press statements during the Dubai Airshow, that compensation is part of the rights of companies when there is a disruption in business, and the party that was affected has the right to request that compensation, but we, in "Fly Dubai" or "Emirates Airlines", do not base our policy on matters other than expected, but rather on operating operations and generating profits.
In response to a question about whether flydubai could buy Airbus planes to replace Boeing planes, His Highness said: I wish it was easy to replace one with the other. We always have those options.
Modify an order
In response to a question about the airline's efforts to amend the order for 150 777X aircraft after the delay in the delivery schedule, His Highness affirmed that all options are on the table. He said: We are trying to determine the time period for the deliveries of the 777X, which will be among the options for referring some 777 aircraft to retirement in the carrier's fleet during the coming period, indicating that the capacity of the carrier's operations will not diminish due to some delays in the delivery of certain models of aircraft.
Regarding the return of the 737 MAX to service, His Highness said that this requires a set of procedures even in the event of obtaining the approval of the US Federal Aviation Agency, indicating that the matter is related to the approvals of other international bodies such as the European Aviation Safety Agency, as well as local bodies such as the Authority. General Civil Aviation in the Emirates. His Highness wondered whether the various authorities would authorize the plane to return to service at the same time.
He added: With regard to flydubai, which operates its flights to the regional and European markets, and therefore the approvals of the authorities of these markets regarding the plane must be considered, indicating that the return of the plane, which stopped operating since last March, needs arrangements, and the matter It's not just about setting the date.
High travelers
His Highness said that despite a limited decline in the number of passengers with Emirates Airlines during the first half of the current fiscal year, the percentage of travelers who visited Dubai increased by about 7%, pointing out that the airline continues to focus on encouraging travelers to visit Dubai as a A prominent tourist destination on the international tourism map. He said that the rate of reservations on the airline's flights for the next two months is better than expected.
As for the decline in the number of passengers during the first half, His Highness said that the limited decline in the number of visitors is due to the closure of the southern runway of Dubai Airport for a period of 45 days for the purpose of upgrading and increasing its capacity, which required the cancellation of many flights as a result, in addition to Some joint operations with flydubai have decreased due to the ban on the 737 MAX fleet since last March.
His Highness said that the airline has not dismissed the Airbus A330 and discussions will continue, adding that the company is still in discussions regarding the 787 Dreamliners from Boeing, pointing out that Emirates Airlines diversifies its fleet according to its needs and its network of airlines.
Expansion of Dubai airports
His Highness stressed that the expansion of Dubai airports and the work to raise the capacity to about 120 million passengers will not affect the expansion movement at Al Maktoum Airport, because what is happening in each airport and the expansion operations in each airport has nothing to do with the other airport.
In response to a question about the partnership with flydubai and whether its end will be merger .. His Highness said that the owner is one and the merger has different shapes and forms and it is possible to cooperate in many things without the merger, and if there is a decision to merge, the decision can be taken in one day, referring to Had it not been for the delay in the Max problem, the cooperation between Emirates Airlines and Flydubai would have been greater.
His Highness indicated that flydubai's fleet includes 59 aircraft, of which 14 are on the ground and more than 4 have not been received, and this will undoubtedly affect the airline's expansion plans. He added that the integration with flydubai is not a formality and must be practical, and if some lines are requested to move to Terminal 3, this will be done.
Options are open
With regard to Emirates Airlines' plans to expand on the basis of the fifth freedom, His Highness said that all options are open for us to expand in the way that suits us, including expansion on the basis of the fifth freedom, and we are also interested in expanding on the basis of the third and fourth freedom, despite the irritation of many Of the countries, but this system exists in the aviation industry, and we have succeeded and we must know that the Emirates today has become a station for visitors from all over the world, whether to visit the Emirates, or as a transit station to other destinations.
His Highness said that the budget allocated to the Emirates Airline building in the Expo and the services it provides to visitors exceeds 200 million dirhams, indicating that the cost may exceed that because there is an indirect promotional cost.
As for the offers and packages that the company will present to the Expo visitors, he said that the special offers for the Expo will begin at the beginning of next year, indicating that due to the presence of Emirates Airlines and flydubai in Dubai, it will have the largest share of visitors, but it will not be limited to these carriers, but rather Everyone will participate, including Etihad Airways and other companies, because bringing 25 million visitors will not be limited to Emirates Airlines only.
As for the financial results, he said, "We hope that the current year's results will be better than last year's." Regarding the future of the aviation sector, His Highness said that the performance of the aviation sector is promising and its economic impact is great, noting that during the past thirty years the number of our partnerships has increased and the economic impact has increased, and the growth of the sector had a positive impact on the growth of the number of hotels and tourist traffic, even if we did not have airlines of this level. Why wouldn't we be to win Expo 2020 Dubai?
Strengthening a partnership
Guillaume Faure, Chief Executive Officer of Airbus, said: “Emirates’ confidence in our wide-body aircraft is an honor and takes our partnership to a higher level. The A350 will provide economic and environmental benefits to the airline's fleet.
We look forward to seeing the A350s flying in the colors of Emirates Airlines. The new A350s will allow Emirates to serve a wide range of new markets, not only in the region, but also globally, with flights of up to 15 hours flying time from Dubai. Emirates Airlines intends to equip these aircraft with the latest products, and to provide several seat configurations, including premium economy class.
The entire Emirates fleet currently consists of modern, highly efficient Airbus A380 and Boeing 777 aircraft. From its hub in Dubai, the airline serves more than 158 cities on six continents, providing award-winning air and ground services.
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