Aviation

Entry of Kuwait’s Jazeera Airways into the Indian market – will the move fly?

Jazeera Airways Snapshot   Type Scheduled Airline   Base Kuwait   Aircraft 7   Destinations 18   Routes 17   Daily Flights 23 Source: ch-aviation Why Jazeera entered the Indian aviation industry? Low oil prices for the past couple of years have generally led to surging profits in aviation industry globally as spending on fuel, the major component of cost structure, dropped sharply. However, it is a game of double-edged sword in the context of Gulf airlines. Lower fuel costs...

GCC Aviation in turbulence – Quo Vadis?

Table: YoY revenue and net income change for major GCC airlines (2015 vs 2016) YoY change (2015 vs 2016) Revenue Net Income Emirates 0% -82% Etihad -22% NM Qatar Airways 4% 30% Oman Air 1% NM Jazeera -10% -35% Air Arabia -1% -4% Source: Annual reports NM indicates losses during the period considered Full Service carriers facing more trouble compared to low cost carriers Emirates, the largest airliner in GCC faced pressure from increasing competition and poor travel demand in...

The rise & rise of GCC Airlines

Here are FOUR questions that you would like to ask about the GCC airline industry.  We provide the answers. #1. How well in recent years has the aviation sector in GCC region grown? There is only one word for it, “tremendously.”  The two figures below tell you the story of growth; the first is country specific and the second is aircraft specific.   Figure 1- Passengers carried by registered air carriers in the UAE and Qatar Source – World Bank...

Importance of South Asian Markets in UAE Aviation Industry

The aviation industry in UAE contributes roughly 12% to the country’s economy, reflecting the country’s huge investment in airports and airlines. The aviation industry is a USD 39.4 billion (Dh 145 billion) industry, contributing 28% to Dubai’s GDP. The industry provides 250,000 jobs in Dubai and supports 14% of the workforce in UAE. International Air Transport Association (IATA) has predicted that the UAE will be the second fastest growth market for international passenger traffic from 2009 to 2014, second only...