By the end of 2019, aviation had entered what some have dubbed a second golden age. Airlines were making a profit, pilots were in strong demand and flying was faster, cheaper and more comfortable than ever before, leading to a record high in passenger numbers.
A total of 4.5 billion people flew on an aircraft in 2019 – equivalent to almost 60 per cent of the world’s population. In the same period, an average of 12.5 million people boarded one of the 128,000 flights operated every day, according to data from the International Air Transport Association (Iata).
In the UAE, the trend was magnified. In November 2019, the 16th iteration of the Dubai Airshow closed with $54.5 billion in orders on the books, including aircraft sales to global airlines such as Russia's Aurora, Air Senegal and Kazakhstan's Air Astana.
On home turf and buoyed by a 21 per cent increase in profits in 2019, as compared to 2018, Emirates placed a $16 billion order for 50 Airbus A350 XWBs and an $8.8 billion order for 30 new Boeing 787-9 Dreamliners.
Down the road in Abu Dhabi, Etihad was also gaining strength. The national airline of the UAE cut its losses from $1.95 billion in 2018 to $870 million in 2019, and was enjoying a 2 per cent increase in passenger load factor.
Etihad used the 2019 Dubai Airshow to announce a collaboration with Boeing that involved branding one of its new Boeing 787 Dreamliners as the Greenliner. The project, Etihad said, would allow the airline and its partners to experiment with a range of initiatives that would make flying more environmentally sustainable.
Less than six weeks later, the lights began to dim on this chapter of aviation history, as the industry found itself embroiled in the repercussions of an outbreak of a little-known virus, originating in Wuhan, China.
In an effort to try to prevent the spread of the coronavirus via air travel, airports around the world introduced additional screening measures for passengers flying from China. When this failed to halt the spread, countries opted to cancel flights to and from China, in what would be the first in a series of events that would hurtle the industry towards the worst crisis in aviation history.
Grinding to a halt
Exactly 99 days after the 2019 Dubai Airshow commenced, the UAE made the decision to ground its first flights. The General Civil Aviation Authority announced on February 25, 2020 that jets bound for Iran, where the coronavirus was spreading rapidly, would be halted for at least one week.
This FlightRadar24 image shows the impact just one day later, on February 26. Slide the bar across to compare air traffic from the same date, one year prior.
One month later, on March 25, UAE authorities announced that all inbound, outbound and transit passenger flights to and from the country would temporarily halt. The skies above one of the world's busiest international passenger hubs fell silent on March 26. The same scenario played out at Abu Dhabi International Airport.
UAE air traffic: month-by-month in 2020
The impact of Covid-19 on air traffic above the UAE can be easily tracked using flight radar maps.
Live air traffic service FlightRadar24 tracks jets in the air across the world every day of the year. The below data shows air traffic over the Emirates starting in March, when passenger flights to and from the country were first grounded, until the end of the year.
The data was tracked at 2pm, UAE time, on the fourth Tuesday of the month. Click through the slides to see how the skies changed in 2020.
The stark difference in air traffic brought on by the pandemic is clear to see. Skies that were once filled with thousands of flights every day witnessed only a fraction of that activity last year.
Throughout the pandemic, airlines continued to operate cargo flights and repatriation flights, so UAE air space was never entirely closed, but pilots flying during this time reported that the experience was slightly unnerving.
"Sometimes, it can look like a terror movie because you can easily fly for an hour and not see another aircraft. In places like India, where normally it's a very high level of traffic, you can fly for miles and not see another aircraft. That is the reality – we do not have many airplanes flying around," Etihad Airways captain Leonardo Magno told The National in an interview in 2020.
The first glimpses of air traffic recovery were visible in June, when stay-at-home orders began to ease and the UAE reopened airspace to some passenger flights. An even bigger rise in June followed Emirates's decision to restart some of its most popular passenger routes.
The Dubai airline announced on May 21 that it was set to resume passenger services to nine of its most popular destinations, including London, Paris, Madrid, Chicago, Toronto and Sydney.
"London Heathrow is one of our best performing routes and demand [on this route] has been typically strong across every class of travel," a representative for Emirates told The National.
The most promising rebound for UAE air travel came in December, which is typically already a busy time for travellers. Emirates confirmed that its peak period for 2020 (post pandemic) in terms of passenger numbers, frequencies, capacity and destinations operating occurred in the last month of the year.
Despite these highlights, the overall pace of the recovery has been slow. Dubai International Airport (DXB), one of the world's busiest hubs, ended the year having welcomed 25.9 million passengers though its terminals, compared to the 86.4 million people that passed through the airport in 2019.
In Abu Dhabi, Etihad reported a 99 per cent drop in passenger numbers in the second quarter of 2020, coinciding with commercial flights being grounded by authorities.
An ongoing 14-day quarantine period for passengers arriving in the capital has kept arrival numbers low. That said, the operation of special repatriation flights and the resumption of a limited network of transfer services via Abu Dhabi in early June helped boost traffic marginally.
The skies in 2021
Between April 1 and September 30 last year, Emirates carried 1.5 million passengers, down 95 per cent from the same period the year before. Since then, the airline has been busy rebuilding its network and is now flying to 90 destinations around the world. That's compared to the 143 cities that it flew to pre-Covid-19.
Etihad, too, is rebuilding. The airline has placed a significant focus on safety and was the first in the world to require 100 per cent of its passengers to produce a negative Covid-19 test report before boarding a flight. The recent introduction of a "Green List" of countries in Abu Dhabi, places where travellers can fly from without needing to quarantine, looks set to help air traffic recovery.
Global impact on air travel
The coronavirus pandemic brought the global aviation industry to a standstill almost overnight. The darkest day for air traffic was April 12, 2020 when there were only 46,294 flights in the air across the world.
The number of scheduled passengers boarded by the global airline industry dropped to only 1.8 billion in 2020. That's a 60 per cent decrease in global air passenger traffic compared to pre-pandemic figures.
While many countries have now eased restrictions and airlines are slowly resuming services, the future of aviation remains uncertain. It is unclear how long travel restrictions will remain in place, whether there will be another wave of the virus to contend with or when passengers will feel confident to travel again.
If there is a glimmer of hope, it comes from the fact that the world needs airlines. Despite the current turbulence, air travel will not disappear.
"I think it will recover, and I think there still will be still a huge demand for aviation and transportation. I think it's such an important part of the world economy," said Alan Joyce, chief executive of Australia's national airline Qantas, during an interview with Eurocontrol in January.
There are brighter days to come for the aviation industry, but at this stage of the global pandemic, the outlook still remains foggy.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Remaining Fixtures
Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
The five pillars of Islam
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Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
The Bio
Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”
Holiday destination: “I like Paris very much, it’s a city very close to my heart.”
Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”
Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”
More on Quran memorisation:
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE