UAE General Civil Aviation Authority last week hosted (19-Sep-2010) the second meeting of the working group formed by the Arab Ministers of Transport to review the provisions and the by-laws of the agreement for the liberalisation of air transport between Arab countries known as the Damascus Agreement. The meeting made a number of recommendations urging the Arab states that did not ratify the agreement to do so as soon as possible and those who ratified the agreement to implement it. The meeting also recommended holding a conference on the Damascus Agreement for heads of civil aviation authorities in Arab states to discuss and agree on a road map for the implementation of the agreement. [more]
UAE GCAA hosts liberalisation of air transport between Arab states meeting
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Mr Trump’s positions were matched at the other end of the political spectrum – in a more palatable way – by Bernie Sanders, who also played to the populist disillusionment with Washington. The result has shifted the US' national policy fulcrum. For aviation purposes Mr Trump has said and done things that are relevant in several important areas, as outlined below. Protectionism and an erosion of free trade is a prominent risk.
flydubai outlook improves, with reduced losses and faster rebound despite global uncertainty
As airlines worry about having passed their peaks and entering a downturn, flydubai, the LCC owned by the Dubai government, is on an upwards trajectory. This is very welcome after flydubai's sudden and sharp 1H2015 loss occurred as most other airlines were in party mode, buoyed by low fuel prices. flydubai significantly narrowed its 1H2016 loss despite double-digit growth. With the industry worrying about its health, flydubai appears to have caught the cold early and rebounded from it. An improvement in load factor, uplift in business traffic (19%) and reduction in expenses may show greater efficiency that can be maintained – the silver lining to the financial upset.
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