Etihad Airways’ A380 superjumbos are finally back in the air, 40 months after the airline grounded the world's largest passenger plane due to the Covid-19 pandemic.
Flight number EY11 departed Abu Dhabi International Airport a little after 2am on Tuesday morning, bound for Heathrow Airport, London. It landed in the UK capital just before 7am, local time.
The aircraft is the first double-decker A380 to operate a commercial flight for the national airline of the UAE since March 2020.
It marks the return of Abu Dhabi to London services on the popular Etihad superjumbo, which is the only route that the airline currently plans to operate via the double-decker jet.
"We're excited to once again welcome guests on board Etihad's A380s," said Antonoaldo Neves, chief executive of Etihad Airways.
"The aircraft adds much-needed capacity connecting Abu Dhabi with London Heathrow and allows us to build our network and increase frequencies across the network," he added.
On board the Etihad Airways A380 flight to London
Travellers flying on Tuesday morning’s celebratory flight were given chocolates and A380-themed souvenirs to celebrate the jet’s return to service.
The flight, which was fully booked, took off on time and it was a smooth journey, with very little turbulence throughout. Passengers were served a Mission: Impossible-themed dinner and breakfast, as Etihad is the official partner airline for the Tom Cruise film franchise.
"We've been waiting for this A380 to come back for a long time. I can see the excitement between my colleagues, my team and I can see the excitement with the guests," said Mario Moretti, cabin manager on the flight.
A passenger favourite, Etihad’s superjumbos are loved for their service and luxury offerings, including The Residence – the only three-room apartment in the sky – and The Lobby, a service lounge and bar area for premium passengers.
With seating for 484 passengers, the A380 jet has three cabin classes including nine first-class apartments, 70 business studios and 337 economy smart seats, including 68 economy space seats.
Ultra-luxury travellers seeking privacy in the sky are also now able to book seats in Etihad’s The Residence on flights between Abu Dhabi and London Heathrow, marking another first since the Covid-19 pandemic. Up to two passengers can fly in the luxury apartment, with access to a living room, separate bedroom and an en-suite shower. It's only bookable by purchasing a first class ticket, and then upgrading with rates starting from $2,500 per person, one-way.
The first double-decker jet to have returned to service will be joined by three sister A380 aircraft. The airline has three of four planned double-deckers back in Abu Dhabi, in preparation for the jet’s return to service. The fourth A380 is currently in China and will resume flying with the airline in November.
The return of the world's largest passenger plane
Etihad grounded its A380 jets in March 2020 after UAE authorities suspended all commercial air traffic for an initial period of two weeks to help prevent the spread of Covid-19 via air travel.
As global traffic for travel diminished during the pandemic, the airline's double-decker jets remained flightless until Tuesday.
Dubai-London is arguably Etihad’s most lucrative and popular route. Given the competition for available slots at London’s airports and the insatiable demand for travel in a post-pandemic world, the double-decker aircraft is ideally suited to operating on the route.
Other airlines have also resumed A380 flights, including Dubai’s Emirates, the A380’s largest customer, which now operates the superjumbo to 43 destinations around the world, including London, Morocco, Glasgow and New York.
Qatar Airways, Singapore Airlines, British Airways and All Nippon Airways are among some of the other global airlines that have relaunched superjumbo flights.
The beginning of the end for the A380?
The Covid-19 pandemic raised doubt over the future of the industry's Airbus superjumbos following a drop in travel demand and following the aircraft manufacturer's announcement of its final production of the passenger plane.
Now back in the air in several destinations around the world, the jet's return is unlikely to be a lengthy one.
Despite an ongoing $2 billion programme to retrofit more than 100 of its Airbus A380 jets and Boeing 777s, Emirates is planning the superjumbo’s exit. The Dubai airline’s president Tim Clark said last month that he expects to retire the airline’s superjumbo fleet in 2032.
“We are looking at plan that take us through the 2030s,” Clark told The National.
Qantas will also retire the jet over the next decade, as the Australian airline replaces the superjumbo with the A350, its flagship aircraft for Project Sunrise flights, which will operate the longest routes in the world.
Qatar Airways also has plans to retire the superjumbo once its new A350 jets are delivered. The Gulf carrier brought eight of its 10 double-deckers back into service following the grounding of the jets during the pandemic.
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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.
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.”
Need to know
When: October 17 until November 10
Cost: Entry is free but some events require prior registration
Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center
What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.
For more information: www.koreafestivaluae.com
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KILLING OF QASSEM SULEIMANI
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
A new relationship with the old country
Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates
The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:
ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.
ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.
ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.
ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.
IN WITNESS WHEREOF the undersigned have signed this Treaty.
DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.
Signed
Geoffrey Arthur Sheikh Zayed
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
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Director Hansal Mehta
Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey
Three stars
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
UAE currency: the story behind the money in your pockets
The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
World Test Championship table
1 India 71 per cent
2 New Zealand 70 per cent
3 Australia 69.2 per cent
4 England 64.1 per cent
5 Pakistan 43.3 per cent
6 West Indies 33.3 per cent
7 South Africa 30 per cent
8 Sri Lanka 16.7 per cent
9 Bangladesh 0
Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)