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Official Monthly Bulletin of AACO Issue 92 - Nov 2014 Official Monthly Bulletin of AACO Arab world marks an increase of 11.6% AVIATION WITHIN THE ARAB WORLD GLOBAL ARAB AVIATION in September 2014 in international pas- senger numbers - p. 7 GROWTH p: 10 SPREADING OUT p: 28 PARTNER AIRLINES p: 50 - 59 ARAB AIRLINES ECONOMICS p: 11 COLLABORATION p: 35 INDUSTRY PARTNERS p: 60 - 87 New European Commission assumes office on 1 November - p. 37 NEW APPOINTMENTS p: 14 ENVIRONMENT p: 36 AACO & RTC CALENDARS p: 88 - 91 EXPANSION p: 15 REGULATORY TONE p: 37 AACO MEMBERS & PARTNERS p: 92 - 95 ICAO Council adopts unanimous reso- LAURELS p: 17 AN AVIATION MARKET lution condemning MH17 - p. 40 IN FOCUS: SPAIN p: 40 TECHNOLOGY & E-COMMERCE p: 18 WORLD NEWS p: 42 TRAINING p: 20 ARAB AIRPORTS p: 20 ATM p: 24 Daily news on www.aaco.org Issue 92 - Nov 2014 In spite of the challenging times for 3 IPOs where it hopes to raise at least USD 2.7 billion through sell- that the industry and the busi- ing its shares in three divisions as it moves closer to full privatization. ness environment as a whole is These airlines and indeed many others in the region have also ex- undergoing due to health con- panded their reach during the past period within the Arab world and cerns resulting from the Ebola with other regions. Tables showing the Arab airlines’ expansion dur- outbreak, conflict zones and in- ing the past period are shown on pages 15 and 29 of The Nashra. stability in some countries, and weakening global markets, a Catering for this expansion and future expansion plans, the airlines number of Arab airlines are man- are deploying newer aircraft; notably, Emirates received its 100th Boe- aging to record positive financial ing 777-300ER last month, while Etihad is planning to lease two of the results and attract more pas- type from Jet Airways, according to The Economics Times, and Qatar sengers. In the UAE, in the first Airways received 2 Boeing 787 Dreamliners and one Boeing 777. Qa- half of the 2014-15 fiscal year, tar Airways and Gulfstream also signed an MoU to purchase 20 air- Emirates Airline recorded a net craft for Qatar Executive. Meanwhile, Air Cairo received its 6th A320 profit of USD 514 million, up 8% aircraft. compared to the same period in 2013-14 carrying 23.3 million pas- A number of airports in the region are also overcoming the chal- Foreword sengers between 1 April and 30 lenges facing the industry and the business environment as a whole. September 2014, up 8.4% from Bahrain, Jordan, UAE, Qatar, and Oman’s airports have all witnessed the same period in 2013; mean- an increase in passenger and cargo volumes during the past period while Etihad Airways recorded with Dubai International offering over 8.5 million international seats an increase of 29% in revenues in September 2014, the highest in the region, followed by Doha and in Q3 2014 carrying 3.9 million Abu Dhabi with 3.2 million seats and 2.2 million seats respectively. passengers during the quarter. Air Arabia also recorded a USD Recognizing that air traffic management is one of the most important 135.58 million net profit for the issues that require the attention of states in the region and that such first nine months of 2014, up 46% an issue needs a collective regional effort, the UAE GCAA is officially compared to the correspond- endorsing and hosting the Future Air Transportation Systems Sum- ing period of 2013 serving over mit in Dubai on 18-19 January 2015 which is being held alongside 5.1 million passengers in the first the ICAO Middle East ATM Enhancement Programme (MAEP) meet- nine months of 2014, a 13% year- ing. Such gatherings and initiatives are catalysts for a much needed on-year increase. In the KSA, Sau- attention to the issue of ATM in the region. Challenges in ATM are dia Airline reported an increase in not unique to the Arab world, indeed it is a problem in every region the number of passengers during where the speed in traffic growth is exceeding the speed in ATM the first nine months of 2014 by improvements. This problem is famous in the EU with the delayed 11.6% reaching 21.1 million pas- implementation of the Single European Sky. In the US, the FAA and sengers and is currently planning industry have recently developed a Next Gen Priorities Joint Daily news on www.aaco.org Issue 92 - Nov 2014 5 Implementation Plan where they specified a number of Next Gen AACO looks forward to this AGM which has proven to be an attractive initiatives to implement with specific milestones, locations, timelines yearly event for AACO member airlines, partner airlines and aviation and metrics to meet. stakeholders to gather, network and discuss issues of interest to the Arab air transport industry. Relations between Arab states and third countries have been en- hanced lately with Egypt initialing an air services agreement with Ire- OVERALL TRAFFIC - ARAB WORLD land, UAE inking an open skies agreement with Sierra Leone, while Qatar updating some provisions in its air services agreement with We estimate international passenger numbers to, from, & within the Brussels. Arab world to have grown by 11.6% in September 2014 compared to September 2013, which follows an increase of 12.4% in August 2014 On the global level, ICAO Council has adopted a unanimous resolu- compared to August 2013. Monthly International Passenger Numbers' Change To, From and Within the Arab World tion condemning MH17 downing over Ukraine earlier in 2014 and ap- Oct 13 to Sep14* compared to same month in previous year proved a conflict zone work programme for ICAO for 2015. Separately, IATA and Travel Capitalist Ventures created an NDC innovation fund 16% that would support innovation in airline distribution using the NDC 14% standard. 12% 10% 8% We focus on the Spanish aviation market in this issue. With a popu- 6% lation of 46.7 million people, more than 28 million passengers used 4% Spanish airports in 2013, creating a ratio of 0.6:1 of passengers to 2% population. The Spanish aviation market links 315 cities worldwide, 0% whereby the highest share of traffic of Spain is with Europe with Bar- celona-London city pair having the highest number of seats offered Effect of Adha Cyclicality from Spain in September 2014. More details are available on Page 40. Effect of Ramadan AACO’s 47th Annual General Meeting will be held next week from 18 YoY Growth 12-Month Average Growth to 20 November 2014 in Dubai under the Esteemed Patronage of HH Source: AACO, IATA *Estimated In September 2014, AACO members increased the number of their of- Sheikh Ahmed Bin Saeed Al Maktoum, President, Dubai Civil Aviation fered seats to, from, and within the Arab world by 21.7%, while other Authority, Chairman & Chief Executive Emirates Airline & Group, and airlines decreased their number of seats offered by (10.3%), leading Chairman Dubai Airports and by kind invitation of this year’s AGM to 12.4% year-on-year increase in the total number of seats offered. Chairman, Sir Tim Clark, President of Emirates Airline. In addition to discussing strategic and internal issues of importance to AACO mem- ber airlines, this year’s AGM features input from the Arab Civil Avia- tion Commission and IATA in addition to a discussion panel moderat- ed by Mr. Richard Quest, CNN Anchor and Correspondent, gathering a number of highly esteemed speakers who will discuss the future of Arab airlines and whether protectionism policies do protect airlines. Daily news on www.aaco.org Issue 92 - Nov 2014 7 AVIATION WITHIN THE ARAB WORLD Aviation in the Arab World GROWTH PASSENGER TRAFFIC Monthly International Passenger Numbers' Change Within the Arab World International passenger numbers within the Arab world are estimated to have Oct13 to Sep14* compared to same month in previous year grown by 15.1% in September 2014 compared to September 2013. This fol- lows an increase of 15.5% in August 2014 over August 2013. 18% 16% 14% Passenger traffic within the Arab World Sep 14* over Sep 13 12% Within Arabian Peninsula 12.6% 10% Within Near East 30.1% 8% 6% Within North Africa (4.5%) 4% Between Arabian Peninsula & Near East 18.8% 2% Between the Near East and North Africa 1.8% 0% Between Arabian Peninsula & North Africa 21.2% Source: AACO, IATA *Estimated Effect of Adha Cyclicality International Passenger Numbers' Change Within the Arab World Effect of Ramadan Jun14-Aug14 & Jul14-Sep14* compared to same period in previous year YoY Growth 12-Month Average Growth 35% Source: AACO, IATA *Estimated 30% 25% ARAB AIRLINES ECONOMICS 20% Emirates Group announces half year performance: The Emirates Group an- 15% nounced on 12 November 2014 its half-yearly results which show steady per- formance and growth, despite a challenging business environment marked by 10% ongoing health pandemic concerns, regional conflicts, and weakening global 5% markets. The Emirates Group revenues reached USD 12.9 billion for the first six months 0% of its 2014-15 fiscal year, up 12% from USD 11.5 billion from the same period within in 2013. -5% within N Arabian within N East N East Net profit for the Group rose to USD 607 million an increase of 1% over the -10% Pen Africa N East N Arabian N Africa results in 2013. The Group’s cash position on 30 September 2014 was at USD Africa Jun14-Aug14 Pen Arabian 4.4 billion, compared to USD 5.2 billion as at 31 March 2014.
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