In 2008 Airbus Middle East was flooded with orders for new aircraft from regional carriers. Today it faces an uncertain future as the economic downturn in the GCC worsens.
Diana Milne meets Airbus ME President Habib Fekih to find out his forecast for the year ahead.
Last year was certainly an interesting year for the aviation industry. Record crude oil prices of $147 a barrel, stock market crashes, reduced lending facilities and plummeting passenger demand due to the global financial crisis, led to many airlines reducing capacity, cutting routes, laying off staff, and going bankrupt and ceasing operations. By PrivatAir
The current economic downturn is forcing many firms to re-assess their strategies moving forward, and in these times of financial challenges, cost is the main focus. By Maersk Logistics
Island Global Yachting (IGY) is considered one of the world's premier owners, developers and managers of luxury marinas and yachting lifestyle destinations.
Embraer's Executive Jets portfolio consists of six aircraft: Phenom 100, Phenom 300, Legacy 450, Legacy 500, Legacy 600, and Lineage 1000, from the entry level, light, midlight, midsize, super midsize, and ultra-large categories, respectively.