Dubai, May 7th: Dubai to become world’s busiest airport by 2015.
GCC airports are expected to handle as many as 250 million passengers by 2020, with the Middle East estimated to have the third fastest passenger growth rate of 6.6% by 2016.
In terms of employment, the aviation industry is projected to create an additional 294,000 jobs over the next 15 years.
Etihad: It has been reported that Jet Airways has received a US$300 million soft loan from Middle Eastern carrier Etihad to help the Indian airline pay its debts.
Emirates Airline president Tim Clark has said he would not rule out an alliance with German national carrier Lufthansa despite years of disagreement with the government over landing rights. He added:
“The way the alliance structures [and] the relationships are starting to unglue [is changing the industry]. Who would have ever have thought that Air France, one of the bastions of per-determinism with regard to the Gulf carriers would open its doors and set up a code share with, in this case, [UAE national carrier] Etihad?
May 8th: Etihad Airways reveals South African Airways partnership.
Qatar Air CEO says still keen on Emirates alliance.Tim Clark, Emirates CEO finds it unlikely to practically impossible.