Ad Here  
Another Indian music maestro at the UN Make standards certification mandatory... Welcome focus on core competence Computation of GDP – conundrums continue Russi Mody – a tribute Tax agriculture Music happens TELANGANA at last…BUT Put expensive assets created to use... SoA @ 80 CII projects higher growth… Roaring Ro-Ro facility Quality education through the PPP mode Cleaning Ganga – relocate tanneries and install electric crematoria Readers' Mail The ‘Ayyo-yes’ is no more Increasing non co-operation of state leaders Lesson from Chandrababu Naidu Towards speedy justice EEC at the National Media Centre Solar thermal shines… Remembering Indira Sivasailam... Dr C Rangarajan returns to Chennai Editor's Notes Naidu’s return augurs well for Seemandhra Paytm karo... A proud Madrasi Diamond jubilee of Egmore Samskrt School Delhi is distant Maximising the micro pricing … The Jan Dhan bonanza Excel Generators provide the vital back-up The nuclear option Silver Years of Madras Musings Which side are you, Montek? CSR and CMI: promise of another Srinivasan Ramanujan... Streamlining mandatory third party cover The few handicaps... Colour-Chem’s colourful KRVS Parliament in paralysis... F C Kohli - his concerns all embracing R Sridhar steps down as CEO of Shriram Capital Inflation: are we emulating Argentina and Brazil? When nations steal growth from one another… L&T: focus on infrastructure and more infrastructure… Vibrant Gujarat The ‘Jayanthi Tax.’ Don’t seem to feel the pulse… Protest masters... Welcome thrust on trade in Modi’s foreign visits... Waning interest in public discussions… A glass full of corruption The power-full Hindujas Noble nonagenarians... Tribute Boy, can you beat these? More Shakti to resource mobilisation... Gas is the way forward Kinetic Karnataka The Swadeshi Trump Cement prices continue to rise… A friendly business group Sweet news for TN sugar mills New IT products of Ramco in the pipeline… Pharma – overdose of copying Mersal magnified No Maha Koottani in TN... He continues the focus on social amelioration When the President was rendered homeless… For whom the MIDS bell tolls? IPL - no surprise this scam Focus on quality of power - its only around 170-180V Whistle-Stop Tour of Raghuram Rajan Multi-faceted Venkat This scant respect for Law A professional at the helm of IRDA... Online not in line with brick and mortar businesses... Auto components surge… Intellectual of rare qualities London, London Narayan Tough task taking states together The balancing act Godspeed, Chief Minister JJ Telangana in top gear… Return to king coal for urea... Eternal support for capitalisation of PS banks S V Raju – a ‘good’ true liberal Shanti and Sadhana through Music Nuclear power at the nucleus An inexplicable neglect IPL type auction for VCs? No mega rail project for Tamil Nadu Where a state respects its litterateurs… Infrastructure funding – lessons learnt Poor quality of university VCs Tatas moving out of urea production... Build close rapport with business leaders Limit foreign borrowings to hi-tech, export potential projects... Adapt Vajpayee dinner diplomacy Kulandai was a giant Funding the un-funded Insurance companies bleeding, yet no decision on increasing FDI limit! Banning booze... EVM is tamper-proof MHC should not return to its old indisciplined ways Recognition to role of NBFCs.... Fortune 500 review L&T- the specialty of special purpose vehicles A Grand Finale for SN’s MS centenary at the US… A rich pool of talent not utilised…. Road development slows down Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Naidu will soon build a new Hyderabad Tribute – UCAL Selvan… There was flood of milk. Reason: no milk commissioner! More tributes to GR Moily’s bold thrust GNS - 100: our first subscriber Modi and the lady Wanted: a second airport for Chennai Kudos to NDTV... More heat than light Bihar elections - the Rajaji formula worked Sweeter prospects for sugar Editor's Says to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines All eyes on Sankara Nethralaya He saved millions from starvation... No engine for this car Delhi Chalo... Not just in-laws (and outlaws); they’ve renowned academics at the helm! Cutting the nose to spite the face Should we change the official year? Alexa – Talking Wikipedia More Shakthi to Das’ elbow China invests in India Permanent secretariat for TN GIM Come elections, come advertisements... S Ramanathan – a versatile musician, musicologist A Grand Finale for SN’s MS centenary at the US… A C Muthiah – his munificent bequeaths to science Mu Sigma – is no more For whom the bell tolls? A more liberated TN… Why this malaise in medical education? GM Technology at last! Building loyalty through the stomach Muffled voices for merit… Plummeting profits of PSBs Polls and promises Demise of a media baron... Shaming of Tamils by Tamil farmers at Delhi Rs.1600 crore paper board plant of TNPL The Ports’ Pasha expands into Tamil Nadu TGS- The king storyteller Contrarian cousins Scientists urged to take up farmer-oriented research When Ratan Tata visited SRM IAS invades NDDB... Lalu’s envy, India’s pride Air Asia India will set new benchmarks for budget travel Making ‘my Amaravati’... Fortune for Indian Airlines PC’s preference for professionals Delhi is distant… A think tank for Chennai TN accounts for the largest recruits by the IT sector CRS, a jewel among managers, is no more. …and of a popular trade leader An enemy’s enemy is a friend Tatas moving out of urea production... Engineering seats go abegging Marketing expert Balagopal is no more Land reclamation from sea appears cheaper! When small is no larger beautiful.. Fuel for thought Robber barons everywhere Welcome GST Gay abandon in pricing The Gulf aviation boom TN – agglomerate land holdings without alienating ownership Small units prefers to remain small... The rise and fall of Annamalai University Valli, they are more marginalised ONGC at KG Basin A welcome initiative by the judiciary Things happen by accident and not by design... Revive development banks... Liberal imports idling indigenous capacities Fall in crude prices help in oil sector reform Convulsions in The Hindu B H Kothari - a tribute Discoms deserve better… Rahman at CIC Where is Rajaji? Delhi returns to BJP Why land prices zoom in TN? CIPET hqrs to stay at Guindy – for the present? Tribute – Manikam Ramaswami Align crops to agro climate endowments… Strengthen the base... The rise and rise of KCP A yen for wastage… Modi storms Silicon Valley Measuring roof tops in terms of KW/MW Sri Lanka votes for change The star of Spencers is no more PPP mode for upgrading Corporation Hospitals Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Shale gas and its shallow future West Bengal: mindless malignancy An informal presentation - analytical, forward locking... Bihar – Nitish Kumar adopts the Lalu model Haul over the coal How Air-India loses customs... Revving up the manufacturing sector The brown list of Venkitaramanan Breaththrough in malaria control Tihar, Puzhal not different from Parappana Agrahara Shipping woes of Chennai companies Like Hinduism: many paths to reach God... Reliance’s TV – 18 ready to launch Tamil News Channel Preserving for the future Medical costs hit the roof... Poor representation for Kerala and TN in Cabinet TN-leverage strength of BHEL, NLC... Solar, solar everywhere … Of course, Gujarat is vibrant Odisha: spectacular win by Naveen Patnaik When TN politicians can emulate Kerala's Secularism and anti-Hinduism Adharma of opposition politics Airlines in India: cost and space Quality silica from Neyveli The why of tax incentives Welcome changes that testify to Jayalalithaa’s return to health Five star activism stalls development activity The sea- saw battle continues... Padma Bhushan for A Ramakrishna WTO Meet: resolved to meet again TIAM turns a full cycle When online building permits work…. Tribute – M V Murugappan Wise Presidents
The Gulf aviation boom

In the 1950s when a number of Asian and African countries gained independence, it used to be said: the first task of a new nation is to invent a flag, create a national anthem and float an airline.

In the 1973 oil boom, country after country in the Gulf region struck gold. Aware of the depleting nature of these reserves these countries invested heavily in building infrastructure and later in real estate development. In quick time, these tycoons foresaw the potential for growth by the civil aviation industry. Dubai created one of the finest airports and a large airline.

The population of these countries in themselves do not lend for large custom. Like Singapore, they intelligently created the facilities of a hub that would handle traffic from neighbouring countries and fly them to destinations in Europe, US and elsewhere. Dubai’s Emirates Airlines set the trend and evolved as an international carrier of repute. The evolution of the industry to fly aircraft over increasingly longer distances also helped in a big way.  Several Gulf based airlines offer direct flights to U. S cities eliminating the need for transit through expenseive European airports.

I recently had the occasion to fly Etihad Airlines via Abu Dhabi. For one, the airline offers fares that were competitive. Secondly, the time of travel also got reduced: Chennai - Chicago is covered in just 20 hours. In Abu Dhabi, an extremely important facility has been created: the airline has helped set up a unit of US Immigration and customs at the Abu Dhabi airport and  passengers flying the Etihad Airlines disembarking in US airports are treated as domestic air passengers and could just walk straight out of the airport with no formalities of immigration or customs delaying them.

This has the twin advantage of eliminating the wait in long queues at the immigration and customs sections of the US airports and obviously the much cheaper costs of space, staff and other services at Abu Dhabi.


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236