Current:Home > MyDubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon -Elevate Capital Network
Dubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon
View
Date:2025-04-19 18:29:49
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! (5)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Outgoing North Carolina governor grants 2 pardons, 6 commutations
- University of Illinois Urbana-Champaign chancellor to step down at end of academic year
- Today’s Savannah Guthrie, Al Roker and More React to Craig Melvin Replacing Hoda Kotb as Co-Anchor
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- New Pentagon report on UFOs includes hundreds of new incidents but no evidence of aliens
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave'
- Dogecoin soars after Trump's Elon Musk announcement: What to know about the cryptocurrency
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- More human remains from Philadelphia’s 1985 MOVE bombing have been found at a museum
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Man is 'not dead anymore' after long battle with IRS, which mistakenly labeled him deceased
- Lost luggage? This new Apple feature will let you tell the airline exactly where it is.
- Reese Witherspoon's Daughter Ava Phillippe Introduces Adorable New Family Member
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Jason Kelce Offers Up NSFW Explanation for Why Men Have Beards
- Mason Bates’ Met-bound opera ‘Kavalier & Clay’ based on Michael Chabon novel premieres in Indiana
- More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Satire publication The Onion buys Alex Jones’ Infowars at auction with help from Sandy Hook families
Padma Lakshmi, John Boyega, Hunter Schafer star in Pirelli's 2025 calendar: See the photos
Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee
Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
Florida Man Arrested for Cold Case Double Murder Almost 50 Years Later
Bohannan requests a recount in Iowa’s close congressional race as GOP wins control of House
Today Reveals Hoda Kotb's Replacement