Boeing to deliver on its word



Boeing is preparing to shift its focus as a buying spree by Middle East airlines comes to a close and the US manufacturer gets down to the business of delivering hundreds of planes to its customers.

The global ambitions of the region's long-haul carriers and the blossoming of the nascent market for budget travel have boosted Boeing's order book by tens of billions of dollars between 2007 and this year. Most recently, Emirates Airline closed a 30-aircraft, US$9.1 billion (Dh33.42bn) order in July.

As a result, Boeing has grown its market share considerably and now counts Etihad Airways, Qatar Airways, flydubai, Royal Jordanian, EgyptAir, Oman Air, Gulf Air and RAK Airways as major customers, bringing it closer to parity with Airbus on Middle East sales.

Most carriers have satisfied their fleet expansion needs for the coming decade, Marty Bentrott, the regional vice president of sales at Boeing, said during a visit to Dubai on Sunday.

Only the large US and European "legacy airlines" are expected to replace their ageing fleets with large orders in the years ahead.

"There will be selective opportunities but I don't anticipate any big large buys," he said. "Most of these airlines have pretty much built up their order book."

Despite its successes, Boeing also has unrealised opportunities. It has not added Emirates as a customer for its 787 Dreamliner because the Dubai airline prefers higher-density aircraft.

Similarly, there are still no concrete plans in the UAE capital for a budget airline, despite heavy speculation. "The question remains if there is going to be another start-up in Abu Dhabi," said Mr Bentrott.

Boeing finally has some breathing space to end almost three years of bad news over its much-anticipated but delayed 787 Dreamliner programme. The first deliveries are now expected in the middle of the first quarter of next year, after the latest delay caused by a Rolls-Royce test engine failure.

The delays have damaged Boeing in terms of financial compensation to airline customers, and hit the company's reputation.

"We left a lot of customers frustrated," said Mr Bentrott. Airline disappointment in the delayed programme peaked in June last year when Qatar Airways threatened to cancel its Dreamliner orders. But with more than 2,000 flight hours already logged by six test aircraft, Boeing believes anger over the delays has come to a close.

"I think the emotional disappointment of delay has subsided," said Mr Bentrott. "The biggest thing for us right now is the anticipation of the first 787 deliveries next year, and ensuring that our customers in this region are ready for those aeroplanes and are technically able to support them and introduce them into their fleet."

The Dreamliner, primarily built with composites, will be delivered first in the region to Qatar Airways, followed by Royal Jordanian in 2013 and Etihad in 2014. Major 777 deliveries are also scheduled throughout the decade to Emirates, while flydubai has another 40 737s set for delivery. In a bid to satisfy its existing customers Boeing is focusing on a range of initiatives, from ensuring that customers have the necessary spare parts, to developing new industrial suppliers from local firms, to boosting the performance of its platforms used on certain routes.

Boeing is working with Emirates to add about 200km to the range of its 777-300ER aircraft, which would allow the airline to use the aircraft on its Los Angeles service.

In Abu Dhabi, Boeing is negotiating agreements with Mubadala Aerospace to sign the company as an aircraft parts supplier.

"There is a growing set of expectations here that aside from acting as a supplier, we would also be partners to the UAE in various capacities that would help their economic development," said Mr Bentrott.

Most polluted cities in the Middle East

1. Baghdad, Iraq
2. Manama, Bahrain
3. Dhahran, Saudi Arabia
4. Kuwait City, Kuwait
5. Ras Al Khaimah, UAE
6. Ash Shihaniyah, Qatar
7. Abu Dhabi, UAE
8. Cairo, Egypt
9. Riyadh, Saudi Arabia
10. Dubai, UAE

Source: 2022 World Air Quality Report

MOST POLLUTED COUNTRIES IN THE WORLD

1. Chad
2. Iraq
3. Pakistan
4. Bahrain
5. Bangladesh
6. Burkina Faso
7. Kuwait
8. India
9. Egypt
10. Tajikistan

Source: 2022 World Air Quality Report

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

It

Director: Andres Muschietti

Starring: Bill Skarsgard, Jaeden Lieberher, Sophia Lillis, Chosen Jacobs, Jeremy Ray Taylor

Three stars

THE SPECS
Engine: 3.5-litre V6
Transmission: 9-speed automatc
Power: 279hp
Torque: 350Nm
Price: From Dh250,000
On sale: Now

Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

Five expert hiking tips
  • Always check the weather forecast before setting off
  • Make sure you have plenty of water
  • Set off early to avoid sudden weather changes in the afternoon
  • Wear appropriate clothing and footwear
  • Take your litter home with you
The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Switching sides

Mahika Gaur is the latest Dubai-raised athlete to attain top honours with another country.

Velimir Stjepanovic (Serbia, swimming)
Born in Abu Dhabi and raised in Dubai, he finished sixth in the final of the 2012 Olympic Games in London in the 200m butterfly final.

Jonny Macdonald (Scotland, rugby union)
Brought up in Abu Dhabi and represented the region in international rugby. When the Arabian Gulf team was broken up into its constituent nations, he opted to play for Scotland instead, and went to the Hong Kong Sevens.

Sophie Shams (England, rugby union)
The daughter of an English mother and Emirati father, Shams excelled at rugby in Dubai, then after attending university in the UK played for England at sevens.

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

New schools in Dubai
TECH SPECS: APPLE WATCH SERIES 9

Display: 41mm – 352 x 430; 45mm – 396 x 484; always-on Retina LTPO OLED, 2000 nits max; Ion-X glass (aluminium cases), sapphire crystal (stainless steel cases)

Processor: Apple S9 64-bit, W3 wireless, 2nd-gen Ultra Wideband

Capacity: 64GB

Memory: 1GB

Platform: watchOS 10

Health metrics: Blood oxygen sensor, electrical heart sensor and ECG, 3rd-gen optical heart sensor, high and low heart rate notifications, irregular rhythm notifications, sleep stages, temperature sensing

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Durability: IP6X, water resistant up to 50m, dust resistant

Battery: 308mAh Li-ion, up to 18h regular/36h low power; wireless charging

Cards: eSIM

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In the box: Watch Series 9, woven magnetic-to-USB-C charging cable, band/loop

Price: Starts at Dh1,599 (41mm) / Dh1,719 (45mm)

Roll of honour 2019-2020

Dubai Rugby Sevens

Winners: Dubai Hurricanes

Runners up: Bahrain

 

West Asia Premiership

Winners: Bahrain

Runners up: UAE Premiership

 

UAE Premiership

Winners: Dubai Exiles

Runners up: Dubai Hurricanes

 

UAE Division One

Winners: Abu Dhabi Saracens

Runners up: Dubai Hurricanes II

 

UAE Division Two

Winners: Barrelhouse

Runners up: RAK Rugby

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.