The third and final A350-1000 from Airbus has joined the flight test programme. JV Reymondon / EPA
The third and final A350-1000 from Airbus has joined the flight test programme. JV Reymondon / EPA

Third stretched Airbus A350 test plane to join flight trials



The third and final aircraft needed to complete flight trials of Airbus’s enlarged A350-1000 jet is poised to join the test programme as the manufacturer pushes to hand over the first production plane to Qatar Airways before the end of the year.

The 1000, a stretched model seating 40 more people than the existing A350-900, is on course for certification in the second half after its first flight on November 24. The initial test plane was this month joined by a second fitted with heavy instrumentation, with the third set to move over in “coming weeks”, said François Obé, who heads the A350 marketing team, at Airbus’ base in Toulouse, France.

The last aircraft will feature a full cabin and take part in route-proving exercises and flights aimed at confirming the model’s maximum permitted distance beyond the nearest diversionary airport. The so-called extended twin-engine operations – or Etops – range is a key limiting factor for two-turbine planes such as the A350 when performing trans-oceanic services.

Wingsets for five or six A350-1000s, including the first few production aircraft, have already been shipped from Airbus’ plant in Broughton, Wales, according to Robert Gerrard, the site’s A350 manufacturing and integration manager.

The site is currently working on wings for 10 A350s at a time as Airbus ramps up production to what will be its highest ever level for a wide-body plane. The factory handed over 72 A350 wingsets last year, and is now working on aircraft number 144, Mr Gerrard said. The next milestone will be to incorporate a “twist” in the 900’s wings that is being introduced with the 1000 to fine-tune the geometrical assembly of some wing components, he said.

Airbus delivered 49 A350s in 2016, plus the first two test models, versus a target of 50, after accelerating handovers from 12 in the first half, when they were held up by delays at the seat and interiors supplier Zodiac Aerospace. That issue is now easing, said the chief operating officer Fabrice Brégier.

Airbus has won orders for 818 A350s, of which 599 are for the 900 variant, which had its first delivery, also to Qatar Air, in late 2014, and 211 for the 1000. Eight orders remain listed for the 800, which the company has opted not to build, and may be transferred to the other models.

A350 deliveries are slated to reach 10 a month by the end of 2018 and 13 per month in subsequent years.

* Bloomberg

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Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

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TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

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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.

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

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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.

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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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When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Transmission: Eight-speed automatic

Power: 450hp at 5,700rpm

Torque: 600Nm at 1,900rpm

Fuel economy, combined: 8.7L / 100km

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Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.