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