Members of the UAE Al Fursan aerobatics demonstration team during the Dubai Airshow 2021 at Dubai World Central – Al Maktoum International Airport. EPA
Members of the UAE Al Fursan aerobatics demonstration team during the Dubai Airshow 2021 at Dubai World Central – Al Maktoum International Airport. EPA
Members of the UAE Al Fursan aerobatics demonstration team during the Dubai Airshow 2021 at Dubai World Central – Al Maktoum International Airport. EPA
Members of the UAE Al Fursan aerobatics demonstration team during the Dubai Airshow 2021 at Dubai World Central – Al Maktoum International Airport. EPA

Dubai Airshow ends on optimistic note for travel industry's recovery


Deena Kamel
  • English
  • Arabic

Global aircraft manufacturers secured deals, touted new freighters, reconnected with customers and expressed optimism about the future at the Dubai Airshow that ended on Thursday amid signs of recovery from the Covid-19 pandemic that has hammered the aviation industry.

The world's first major aerospace exhibition in two years since the onset of the pandemic concluded after a week in which dozens of multibillion-dollar commercial and military deals were signed, while aviation industry players emphasised their efforts at addressing climate change concerns.

The National provides a round-up of the biennial event's highlights.

The most significant deals

Airbus received orders and commitments for 408 aircraft, comprising 269 firm orders and 139 provisional orders, covering the range of its commercial aircraft families, including a first commitment for the new A350 freighter version.

The manufacturer, based in Toulouse, France, bagged a major order for narrow-body jets from private equity company Indigo Partners. The group's airlines placed a firm order for 255 A321 Neo family aircraft, valued at $32 billion at 2018 list prices, although customer discounts are customary. The order includes 102 planes for Europe's Wizz Air (75 A321 Neos and 27 A321XLRs), 91 A321 Neo aircraft for US-based Frontier, 39 A321 Neos for Volaris and 23 aircraft for JetSMART (21 A321 Neo and two A321XLRs).

The European plane maker also won a debut commitment for seven A350 freighter jets from US leasing company Air Lease Corp, as the global air cargo market booms.

The letter of intent for the 111 jets included 25 A220-300s, 55 A321 Neos, 20 A321XLRs, four A330 Neo wide-bodies and seven A350 freighters. The order will be finalised in coming months, Airbus said, without providing a deal value.

Kuwait's Jazeera Airways placed an order for 28 A321 Neos and the option for five more jets in a deal worth $3.4bn at list prices, while Nigeria’s Ibom Air became a new Airbus customer with a firm order for 10 A220s.

On the third day of the air show, US rival Boeing scored an order for 72 737 Max jets valued at nearly $9bn at list prices. Smaller deals included an order by Air Tanzania for the 787-8 Dreamliner, a 767-300 freighter and two 737 Maxs. Emirates ordered two 777 freighters. Sky One FZE announced a sales agreement for three 777-300 planes.

Best things to see

  • A Boeing 777X aircraft performs a demonstration flight at the 2021 Dubai Airshow. AFP
    A Boeing 777X aircraft performs a demonstration flight at the 2021 Dubai Airshow. AFP
  • Attendees stand by the ramp leading to the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    Attendees stand by the ramp leading to the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • The "777" logo on the empennage (tail fin) of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    The "777" logo on the empennage (tail fin) of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • The folding wingtips of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    The folding wingtips of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • A man walks beneath the underbelly of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    A man walks beneath the underbelly of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • The folding wingtips and the fuselage of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    The folding wingtips and the fuselage of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • The folding wingtips of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
    The folding wingtips of the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow. AFP
  • A Boeing 777X aircraft performs a demonstration flight at the 2021 Dubai Airshow. AFP
    A Boeing 777X aircraft performs a demonstration flight at the 2021 Dubai Airshow. AFP
  • A crowd watches a Boeing 777X fly at the Dubai Airshow. AP Photo
    A crowd watches a Boeing 777X fly at the Dubai Airshow. AP Photo

Boeing's mammoth 777X, the world's biggest passenger jet, dominated the skyline of the air show's static display, looming large with its signature wings and a queue of visitors waiting to see the interior. The international debut of the long-delayed aircraft came as customer Emirates and Boeing held discussions at the event about the timeframe to deliver the aircraft.

Russia displayed a prototype of its new fifth-generation warplane, the Sukhoi Su-75 Checkmate, for the first time outside the country.

State-owned Rostec revealed a perfume to commemorate the Checkmate's international debut in a YouTube video.

"Checkmate is a fifth-generation fragrance for masters of the game," the video says, revealing the Checkmate aircraft against the outline of a black knight chess piece. A full-size bottle appears through the rotating metal engine blades, a gift box unfolds into a black-and-white chessboard to highlight the slogan 'Turn the Chessboard'.

Russia presented the Checkmate as a cost-efficient fighter jet with flight speeds of Mach 1.8 and a range of 2,800 to 2,900 kilometres.

Military spending

Desert Sting DS-16 precision-guided glide weapon by Halcon on display at the Dubai Airshow. AFP
Desert Sting DS-16 precision-guided glide weapon by Halcon on display at the Dubai Airshow. AFP

The UAE's Ministry of Defence announced 22 deals worth Dh22.5bn during the first four days of the air show, awarded to local and international companies, according to its official Twitter account.

Abu Dhabi-based defence conglomerate Edge, whose exhibitor stand was among the biggest at the site, signed a slew of deals during the event. The latest included an agreement with weapons maker Israel Aerospace Industries to jointly develop advanced unmanned surface vessels for military and commercial use.

Airbus sold two additional Airbus A330 multi role tanker transports to the UAE Air Force and Air Defence, and secured a new export order for two A400M new generation airlifters from the Indonesian Ministry of Defence.

Emirates

  • Emirates' newest superjumbo is fitted with the Dubai airline's first Premium Economy cabin. All photos: Emirates
    Emirates' newest superjumbo is fitted with the Dubai airline's first Premium Economy cabin. All photos: Emirates
  • The airline was offering complimentary upgrades to those flying Economy class to London.
    The airline was offering complimentary upgrades to those flying Economy class to London.
  • The stairway on the A380 main deck, around which Emirates' new Premium Economy cabin is located.
    The stairway on the A380 main deck, around which Emirates' new Premium Economy cabin is located.
  • Emirates' Premium Economy seats feature anti-stain leather and luxurious stitching details.
    Emirates' Premium Economy seats feature anti-stain leather and luxurious stitching details.
  • With a generous pitch of up to 40 inches, seat are 19.5 inches wide and recline eight inches into a cradle position with room to stretch out.
    With a generous pitch of up to 40 inches, seat are 19.5 inches wide and recline eight inches into a cradle position with room to stretch out.
  • Each traveller has an in-armrest dining table and cocktail table.
    Each traveller has an in-armrest dining table and cocktail table.
  • Passengers onboard EK2021 will be able to experience Emirates' new premium economy cabin.
    Passengers onboard EK2021 will be able to experience Emirates' new premium economy cabin.

The Dubai-based airline had a busy week at the air show. It signed an agreement with GE Aviation committing to develop a programme under which an Emirates Boeing 777-300ER powered by GE90 engines will conduct a test flight using 100 per cent sustainable aviation fuel by the end of 2022. The collaboration is expected to show how widebody commercial aircraft using jet fuel made from alternative sources can lower lifecycle CO2 emissions, it said.

Emirates SkyCargo announced that it will introduce two new Boeing 777 freighters into its fleet in 2022, and signed an agreement with Israel Aerospace Industries for the conversion of four Boeing 777-300ER passenger aircraft into full freighters, starting in early 2023.

The airline said at the air show that it will retrofit 105 of its Boeing 777 and A380 aircraft with its Premium Economy cabin. The entire 18-month retrofit programme, starting in 2022, will take place in its home base in Dubai.

During the show, Emirates was engaged in positive talks with Boeing regarding the delivery time and supply chain for the 777X programme, said Sheikh Ahmed bin Saeed, chairman and chief executive of Emirates airline and group.

When asked if state-owned Emirates could be among the 10 government entities that Dubai plans to list on its bourse, Sheikh Ahmed said: “We have successful businesses within the group that can be [listed]."

Etihad Airways

  • Etihad Airways owned Boeing 787 and Airbus A350 parked alongside at the Dubai Airshow 2021. All photos: Etihad Airways
    Etihad Airways owned Boeing 787 and Airbus A350 parked alongside at the Dubai Airshow 2021. All photos: Etihad Airways
  • The UAE airline ramped up its sustainability efforts at the Dubai Airshow, with cross-organisational initiatives and high-level industry partnerships.
    The UAE airline ramped up its sustainability efforts at the Dubai Airshow, with cross-organisational initiatives and high-level industry partnerships.
  • The first of Etihad’s A350s was unveiled at the Dubai Airshow this week.
    The first of Etihad’s A350s was unveiled at the Dubai Airshow this week.
  • Etihad’s collaborations with partners such as Boeing, GE, Airbus and Rolls Royce are geared towards its objectives to reach net zero emissions by 2050.
    Etihad’s collaborations with partners such as Boeing, GE, Airbus and Rolls Royce are geared towards its objectives to reach net zero emissions by 2050.
  • Etihad is calling its first A350 as the 'Sustainability50', in reference to the UAE's Golden Jubilee and the net-zero target year of 2050.
    Etihad is calling its first A350 as the 'Sustainability50', in reference to the UAE's Golden Jubilee and the net-zero target year of 2050.
  • The airline’s sustainability initiatives have so far centred on the airline’s fleet of GEnx-powered Boeing 787s, as part of the Greenliner Programme.
    The airline’s sustainability initiatives have so far centred on the airline’s fleet of GEnx-powered Boeing 787s, as part of the Greenliner Programme.
  • Etihad aircraft on display at the Dubai Airshow this week.
    Etihad aircraft on display at the Dubai Airshow this week.
  • The new UAE50 livery to mark the Golden Jubilee.
    The new UAE50 livery to mark the Golden Jubilee.

Sustainability was top of the agenda for the Abu Dhabi-based carrier at the show. Etihad Airways, which has been focused on its fleet of GEnX-powered Boeing 787’s under its Greenliner sustainability programme, will now include the Rolls-Royce XWB-powered Airbus A350 fleet. The first of Etihad’s A350s, launched at the air show as the “Sustainability50”, marks the airline’s commitment to the 2050 target of net-zero carbon emissions.

Aviation outlook for the Middle East

Middle East airlines will require 3,020 new passenger and freight aircraft deliveries by 2040, according to the 2021 Airbus Global Market Forecast launched at the show. This will bring the total fleet to 3,210 from a 2019 fleet baseline of 1,300 aircraft.

Airbus forecasts that air traffic in the Middle East will achieve full recovery to 2019 levels between late 2022 and mid 2024.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The specs: 2018 Honda City

Price, base: From Dh57,000
Engine: 1.5L, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 118hp @ 6,600rpm
Torque: 146Nm @ 4,600rpm
Fuel economy, combined: 5.8L / 100km

11 cabbie-recommended restaurants and dishes to try in Abu Dhabi

Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)

Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)

Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)

Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).

Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)

Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)

Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)

Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)

Pinky Food Restaurant in Tanker Mai for tilapia

Tasty Zone for Nepalese-style noodles (Dh15)

Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The%20Super%20Mario%20Bros%20Movie
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Aaron%20Horvath%20and%20Michael%20Jelenic%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Anya%20Taylor-Joy%2C%20Charlie%20Day%2C%20Jack%20Black%2C%20Seth%20Rogen%20and%20Keegan-Michael%20Key%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201%2F5%3C%2Fp%3E%0A
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Aayan%E2%80%99s%20records
%3Cp%3E%3Cstrong%3EYoungest%20UAE%20men%E2%80%99s%20cricketer%3C%2Fstrong%3E%3Cbr%3EWhen%20he%20debuted%20against%20Bangladesh%20aged%2016%20years%20and%20314%20days%2C%20he%20became%20the%20youngest%20ever%20to%20play%20for%20the%20men%E2%80%99s%20senior%20team.%20He%20broke%20the%20record%20set%20by%20his%20World%20Cup%20squad-mate%2C%20Alishan%20Sharafu%2C%20of%2017%20years%20and%2044%20days.%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EYoungest%20wicket-taker%3C%2Fstrong%3E%3Cbr%3EAfter%20taking%20the%20wicket%20of%20Bangladesh%E2%80%99s%20Litton%20Das%20on%20debut%20in%20Dubai%2C%20Aayan%20became%20the%20youngest%20male%20cricketer%20to%20take%20a%20wicket%20against%20a%20Full%20Member%20nation%20in%20a%20T20%20international.%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EYoungest%20in%20T20%20World%20Cup%20history%3F%3C%2Fstrong%3E%3Cbr%3EAayan%20does%20not%20turn%2017%20until%20November%2015%20%E2%80%93%20which%20is%20two%20days%20after%20the%20T20%20World%20Cup%20final%20at%20the%20MCG.%20If%20he%20does%20play%20in%20the%20competition%2C%20he%20will%20be%20its%20youngest%20ever%20player.%20Pakistan%E2%80%99s%20Mohammed%20Amir%2C%20who%20was%2017%20years%20and%2055%20days%20when%20he%20played%20in%202009%2C%20currently%20holds%20the%20record.%3C%2Fp%3E%0A
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Neo%20Mobility%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20February%202023%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Abhishek%20Shah%20and%20Anish%20Garg%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Logistics%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Delta%20Corp%2C%20Pyse%20Sustainability%20Fund%2C%20angel%20investors%3C%2Fp%3E%0A
RESULT

Manchester United 1 Brighton and Hove Albion 0
Man United: Dunk (66' og)

Man of the Match: Shane Duffy (Brighton)

Updated: November 18, 2021, 6:32 PM