• A Qantas Boeing 787-9 Dreamliner lands at Sydney airport after a mammoth flight from London. Courtesy Qantas
    A Qantas Boeing 787-9 Dreamliner lands at Sydney airport after a mammoth flight from London. Courtesy Qantas
  • Qantas CEO Alan Joyce, left, and crew members of flight QF7879 disembark in Sydney, Australia after successfully flying direct from London to Sydney in 19-and-a-half hours. EPA
    Qantas CEO Alan Joyce, left, and crew members of flight QF7879 disembark in Sydney, Australia after successfully flying direct from London to Sydney in 19-and-a-half hours. EPA
  • A Qantas worker poses with the Qantas mascot. Getty Images
    A Qantas worker poses with the Qantas mascot. Getty Images
  • Australian Prime Minister Scott Morrison, right, congratulates Qantas chief executive Alan Joyce. EPA
    Australian Prime Minister Scott Morrison, right, congratulates Qantas chief executive Alan Joyce. EPA
  • Alan Joyce speaks to the media after the historic flight. EPA
    Alan Joyce speaks to the media after the historic flight. EPA
  • The flight deck crew with the Qantas CEO. Getty Images
    The flight deck crew with the Qantas CEO. Getty Images
  • Qantas QF7879 direct from London arrives. Getty Images
    Qantas QF7879 direct from London arrives. Getty Images
  • Qantas CEO Alan Joyce, centre, poses for a photograph with the crew of QF7879. EPA
    Qantas CEO Alan Joyce, centre, poses for a photograph with the crew of QF7879. EPA
  • Visitors pose for photos with a kangaroo mascot. EPA
    Visitors pose for photos with a kangaroo mascot. EPA
  • Qantas flight QF7879 arrives at the hangar. EPA
    Qantas flight QF7879 arrives at the hangar. EPA

Qantas chooses Airbus A350 if it goes ahead with world's longest non-stop flight


Ian Oxborrow
  • English
  • Arabic

Qantas airline confirmed it will use Airbus wide-body A350-1000 should it go ahead with plans to introduce the world's longest non-stop flight next year.

The Australian airline has carried out two test flights so far – New York to Sydney and London to Sydney using rival Boeing's 787 Dreamliner – as part of its Project Sunrise.

Having evaluated the aircraft capable to carry out the 19-hour flights, Qantas chose the A350 over Boeing's 777X, which is facing delivery delays.

"This aircraft uses the Rolls-Royce Trent XWB engine, which has a strong reliability record after being in service with airlines for more than two years," Qantas said.

"Airbus will add an additional fuel tank and slightly increase the maximum take-off weight to deliver the performance required for Sunrise routes."

The airline added that no orders had been placed, but it will work closely with Toulouse-based Airbus to prepare contract terms for up to 12 aircraft before reaching a final decision, for which confirmation has been extended from February to March 2020. The cost of 12 A350-1000s jets is $4.4 billion (Dh16bn) at list prices.

The planned start date for the flights is the first half of 2023.

The airline's final test flight takes off from New York on December 17 and will land in Sydney. The research data being collected from these test flights include activity monitoring, sleep diaries, cognitive testing and monitoring of melatonin levels for those on board.

Qantas said that based on its fatigue risk management system, the Civil Aviation Safety Authority "has provisionally advised that it sees no regulatory obstacles to the Sunrise flights".

Negotiations are also ongoing with pilots, who have been offered a 3 per cent pay increase and promotions in return for longer duty times.

“The A350 is a fantastic aircraft and the deal on the table with Airbus gives us the best possible combination of commercial terms, fuel efficiency, operating cost and customer experience," said Qantas chief executive Alan Joyce.

The decision to go with Airbus is another blow to Boeing, whose ultra-long haul 777X is behind schedule due to engine problems.

The US aviation regulator, the Federal Aviation Administration, said last month that the 777X will undergo careful inspection before it enters into service in light of the grounding of the 737 Max after the jet was involved in two fatal crashes.

_______________

Inside Qantas's new A380 cabin

  • Qantas's A380 superjumbos will return to service with upgraded interiors. Photos: Qantas
    Qantas's A380 superjumbos will return to service with upgraded interiors. Photos: Qantas
  • The new onboard lounge.
    The new onboard lounge.
  • The new onboard lounge, which can seat 10.
    The new onboard lounge, which can seat 10.
  • The lounge seats encourage interaction.
    The lounge seats encourage interaction.
  • The entrance to the onboard lounge.
    The entrance to the onboard lounge.
  • The new business class seats.
    The new business class seats.
  • A first class suite.
    A first class suite.
  • Economy has been given a facelift.
    Economy has been given a facelift.
  • Premium economy seats.
    Premium economy seats.
  • Premium economy now has 60 seats, up from 35.
    Premium economy now has 60 seats, up from 35.
  • First class has new contoured cushioning.
    First class has new contoured cushioning.
  • The rear view of premium economy.
    The rear view of premium economy.
  • Business class on the upgraded A380.
    Business class on the upgraded A380.
  • The onboard lounge.
    The onboard lounge.
  • Business class is now in a 1:2:1 formation.
    Business class is now in a 1:2:1 formation.
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IPL 2018 FINAL

Sunrisers Hyderabad 178-6 (20 ovs)
Chennai Super Kings 181-2 (18.3 ovs)

Chennai win by eight wickets

Brown/Black belt finals

3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA

Schedule:

Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore

Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

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 Facility’s Versatility

Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
 
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
 
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
 
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
 
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
 
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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