Copying and distributing are prohibited without permission of the publisher
Dubai Inc launches aerospace division
01 March 2006
The state of Dubai is investing $15 billion in aviation. Much of this will be spent on aircraft leasing and airports. Siqalane Taho finds out about the company that will lead this expansion.
Read more:
aerospace
aircraft leasing
Aviation
airline
Airlines
It is easy to announce a new aviation business. Many press conferences are held to launch a new airline or aviation supply company, and many of these fail ever to carry passengers or even make a sale. Healthy scepticism is essential for anyone dealing in aviation.
But when the state of Dubai talks, everyone listens. Few places in the world have transformed themselves like Dubai. Few people outside of shipping or trading knew anything about Dubai 30 years ago. Now it gets more than four million tourists a year – and is expecting that to increase to 10 million by 2010.
So, when Sheikh Ahmed bin Saeed Al Maktoum, the ruler of Dubai, says that he wants Dubai to be a global leader in the aerospace industry within 10 years, it is worth paying attention. "We are putting down a marker for the future," says Al Maktoum. "Dubai Aerospace Enterprises signals...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
