Helicopter business takes on new dimension


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Awash in offshore oil and gas rigs - and customers who have more money than time - the Emirates has long been a home for the helicopter. Private helicopter firms first set up shop in Dubai and Abu Dhabi to serve the oil and gas industry, ferrying workers to coastal rigs and providing aerial surveys. They soon began catering to the VIP crowd, delivering wealthy customers to private mansions, office rooftops or even sand-swept helipads on private islands off the coast.

On the military side, the nation is also a big customer of Boeing and Sikorsky, with attack helicopters such as the Blackhawk, Apache and Chinook heavy transporter all integral parts of the Air Force fleet. Now, private companies are tapping into new businesses such as helicopter tourism and outsourcing search and rescue from the military. Some of the country's oldest firms, with up to three decades of experience, are also being asked to export their equipment and know-how around the region. All this growth is good news for builders of civilian and military rotorcraft, many of whom were present in the Emirates this week for Helishow Dubai, a biannual gathering of helicopter makers, operators and service providers.

For lovers of the aircraft, it was a feast for the eye. Sleek attack machines clad in camouflage were exhibited alongside bulky search-and-rescue craft and elegant VIP and tourism helicopters. The event was staged at the edge of the apron at Dubai International Airport's expo centre, as commercial airliners and business jets took off and landed in the background. "A lot fewer people showed up compared with two years ago," was a popular comment yesterday, as the event wound down and helicopters were either flown off or towed away. "Could be because of the whole financial crisis thing," suggested one exhibitor. But business is strong, according to private operators.

As the largest operator in the Middle East, with 58 helicopters, Abu Dhabi Aviation is primarily an oil and gas industry services provider. But it has found its fleet in high demand, even flying onto construction sites to place the final pieces on developments such as Marina Mall. It now says demand is coming from around the region. In the coming days it will send two Bell 412 helicopters to Oman to transport 18 VIPs into the Empty Quarter. It also has helicopters and crews on long-term contracts in India, Pakistan, Ethiopia and Afghanistan for private and government clients.

Ed Mitchell, the projects and marketing manager at Abu Dhabi Aviation Helicopters, said the aircraft had more moving parts than jet aeroplanes and were more difficult to maintain. It was for that reason that companies and governments outside the country had chosen to hire his firm, rather than develop their own operations, he said. Demand for training of pilots from the military, commercial operators and even amateur hobbyists has been a boon for the Horizon International Flight Academy in Al Ain. Since 2003, it has trained more than 350 helicopter pilots from the UAE, neighbouring Gulf states and as far afield as Tunisia.

In some cases, the industry growth is putting new demands on the traditional pilot. Aero Gulf, of Dubai, said it was preparing to offer the country's first tilt-rotor aircraft for charter flights. It is a buyer of the Tilt-Rotor 609 from Bell/Agusta, which takes off like a helicopter and then rotates the blades to fly like an aeroplane. Aero Gulf said it expected the new aircraft to arrive about 2011.

Abu Dhabi-based Falcon Aviation is marketing banner-towing services in the nation, while also planning to bring its helicopter tourism business to Abu Dhabi after carrying 10,000 passengers around Dubai since it began the service last year. Although the airshow saw fewer attendees than in previous years, business deals are still being done. MD Helicopters, of the US, said it had sold four of its emergency medical response helicopters - including a fluorescent green model it brought to the Helishow - to authorities in Kuwait and Qatar.

In the past three months, the US-based Sikorsky has signed with an Emirates client for six S76D executive helicopters. Steve Suttles, a regional sales manager for Sikorsky, said he had not seen any impact from the global financial crisis. When asked about his company's prospects in the Gulf, he said: "I think the word I would use is 'phenomenal'." igale@thenational.ae

The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now 

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Spec%20sheet
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The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

COMPANY%20PROFILE
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At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

The biog

Name: Younis Al Balooshi

Nationality: Emirati

Education: Doctorate degree in forensic medicine at the University of Bonn

Hobbies: Drawing and reading books about graphic design

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law