An Airbus A350 performs a fly past during opening day of the Dubai Airshow. Christopher Pike / The National
An Airbus A350 performs a fly past during opening day of the Dubai Airshow. Christopher Pike / The National
An Airbus A350 performs a fly past during opening day of the Dubai Airshow. Christopher Pike / The National
An Airbus A350 performs a fly past during opening day of the Dubai Airshow. Christopher Pike / The National

Dubai Airshow: news in brief


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Here is a roundup of news coming out of day two of the Dubai Airshow:

Airbus studying A350 variant

Airbus is studying whether there is demand for a larger member of its A350 jet family and expects to make up its mind within a couple of months, its sales chief said on Monday.

The European planemaker is not yet offering a specific design to airlines, but anything that it does decide to build would leapfrog Boeing’s 777X, sales chief John Leahy said, referring to a new 406-seat version of the US company’s 777 wide-body series.

Airbus’s largest twin-engined jet is the 369-seat A350-100, which competes partly with the 365-seat Boeing 777-300ER.

In a sign that any new plane would need to be carefully marketed so as to avoid upstaging the existing A350-1000, Mr Leahy denied that the potential new plane would be called the A350-1100.

"There is nothing called the A350-1100 and I wouldn't call anything the 1100," he said. – Reuters

Jet Airways confirms order for 75 Boeing 737 Max aircraft

Jet Airways on Monday announced the confirmation of its largest-ever fleet order for 75 Boeing 737 Max aircraft at the Dubai Airshow.

The order includes options and purchase rights for an additional 50 aircraft.

The new aircraft will support Jet Airways’ replacement strategy and ensure it maintains a modern, environmentally friendly fleet. Jet Airways currently has a fleet of 115 aircraft.

The transaction will be completely financed and managed through a sale and leaseback arrangement when Jet Airways takes delivery of the aircraft from 2018.

Commenting on the announcement, Naresh Goyal, the chairman of Jet Airways, said: “This order is an endorsement of our confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country‚s economy, and offers tremendous potential for growth and development.”

"Jet Airways has led the path in Indian aviation, providing enhanced connectivity between domestic and international sectors. We are aligned with the Government of India's mission to provide affordable air connectivity to the people across the country." – The National staff

Dubai airports get more jet fuel with new Enoc pipeline

Enoc on Monday announced the completion of a new jet fuel pipeline from its storage terminals to Dubai International Airport to cope with an expected increase in demand.

The US$250 million project will be able to pump 850 cubic metres of jet fuel per hour to the airport, which is 55 per cent of its total demand, the company said in a statement.

Enoc also plans to extend the pipeline to Dubai’s second hub, Al Maktoum International Airport, chief executive Saif Al Falasi said.

Dubai International Airport carried more than 70m international passengers last year, more than any other airport, and has continued to grow this year.

With the primary airport nearing capacity, Dubai is encouraging airlines to expand into Al Maktoum International, a sprawling facility outside the city that currently serves just five airlines, despite a projected capacity above 200m passengers a year.

Zaid Al Qufaidi, managing director of Enoc Marketing, said the new pipeline project was expected to meet growing demand from both airports until the mid-2030s. – Reuters

UAE announces $1.27 billion contract for surveillance systems

The UAE on Monday announced a US$1.27 billion deal for upgraded Saab surveillance systems aboard new Bombardier aircraft that the Gulf Arab country has acquired.

Saab said the deal is for a new version of its Erieye radar system for the Bombardier Global 6000 aircraft.

The value of the deal is the largest announced so far at the biennial Dubai Airshow, which runs until Thursday.

Also Monday, Lockheed Martin announced it has been awarded a $262.8 million contract from the US air force to service Saudi Arabia’s F-15 sniper targeting system, search and track sensors and radars that allow for day and night low-level navigation.

Embraer Defense & Security announced Lebanon would be acquiring six A-29 Super Tucano turboprop aircraft, a sale that was approved by the US state department in June. The deal includes logistics support for the aircraft, which are used in light air support missions, and training for Lebanese pilots and mechanics. The company did not disclose the value of the deal. – AP

Boeing partners with Tata to build Apache fuselages in India

Boeing said on Monday it will enter a joint venture partnership with India’s Tata Advanced Systems to build fuselages for the AH-64 Apache attack helicopter in India.

The venture will compete for contracts to manufacture additional Boeing platforms, both commercial and defence, the US aerospace giant said in a statement at the Dubai Airshow.

“Over the last 12 months, we have doubled our sourcing from India and are committed to continue that journey,” said Pratyush Kumar, president of Boeing India.

Boeing gave no financial details about the arrangement.

TASL is a wholly owned aerospace and defence subsidiary of Tata Sons, the holding company of one of India's largest conglomerates. – Reuters

Bell sees delayed recovery in commercial helicopter market

Bell Helicopter, a unit of Textron, does not expect a recovery in the commercial helicopter market until the first or second quarter of 2017.

Bell and other helicopter makers had previously said they expected an improvement some time in 2016. But Patrick Moulay, vice president of global sales and marketing for the helicopter market, said the outlook was worse than expected six months ago, given that key customers now believed that oil and gas prices would remain lower for a longer period.

"We're actually in a tougher spot now than we were six months ago," Mr Moulay said in an interview at the Dubai Airshow. "The entire industry has given up on a recovery in 2016. We don't see (it) now before the first quarter or the second quarter (of 2017)." – Reuters

Bombardier says almost done with CS100 flight test

Canadian planemaker Bombardier said that it has nearly completed flight testing of its new CS100 regional jet, which makes its debut at the Dubai Airshow this week ahead of its planned entry into service next year.

Fred Cromer, president of Bombardier Commercial Aircraft, told reporters the company’s CSeries programme was doing well, and was seeing demand from customers in the Gulf region. Certification of the new CS100, whose FTK-5 test model flew to Dubai last week, is due by the end of the year.

Completion of the flight test programme and the plane's certification are essential for Bombardier to drum up additional orders for the new jet. The company has said it expects to have sold 300 jets before the plane enters into service in the first half of 2016. – Reuters

business@thenational.ae

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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

While you're here
The years Ramadan fell in May

1987

1954

1921

1888

UAE currency: the story behind the money in your pockets
The five pillars of Islam
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What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Rainbow

Kesha

(Kemosabe)

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Brief scoreline:

Liverpool 2

Keita 5', Firmino 26'

Porto 0

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Juliot Vinolia’s checklist for adopting alternate-day fasting

-      Don’t do it more than once in three days

-      Don’t go under 700 calories on fasting days

-      Ensure there is sufficient water intake, as the body can go in dehydration mode

-      Ensure there is enough roughage (fibre) in the food on fasting days as well

-      Do not binge on processed or fatty foods on non-fasting days

-      Complement fasting with plant-based foods, fruits, vegetables, seafood. Cut out processed meats and processed carbohydrates

-      Manage your sleep

-      People with existing gastric or mental health issues should avoid fasting

-      Do not fast for prolonged periods without supervision by a qualified expert

How Voiss turns words to speech

The device has a screen reader or software that monitors what happens on the screen

The screen reader sends the text to the speech synthesiser

This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen

A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB

The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser

Partnerships planned during Expo 2020 Dubai to add more languages

At least 2.2 billion people globally have a vision impairment or blindness

More than 90 per cent live in developing countries

The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device

Wonka
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MATCH INFO

Sheffield United 2 Bournemouth 1
United: Sharp (45 2'), Lundstram (84')
Bournemouth: C Wilson (13')

Man of the Match: Jack O’Connell (Sheffield United)

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

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How green is the expo nursery?

Some 400,000 shrubs and 13,000 trees in the on-site nursery

An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo

Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery

Approximately 340 species of shrubs and trees selected for diverse landscape

The nursery team works exclusively with organic fertilisers and pesticides

All shrubs and trees supplied by Dubai Municipality

Most sourced from farms, nurseries across the country

Plants and trees are re-potted when they arrive at nursery to give them room to grow

Some mature trees are in open areas or planted within the expo site

Green waste is recycled as compost

Treated sewage effluent supplied by Dubai Municipality is used to meet the majority of the nursery’s irrigation needs

Construction workforce peaked at 40,000 workers

About 65,000 people have signed up to volunteer

Main themes of expo is  ‘Connecting Minds, Creating the Future’ and three subthemes of opportunity, mobility and sustainability.

Expo 2020 Dubai to open in October 2020 and run for six months

UAE currency: the story behind the money in your pockets
How to come clean about financial infidelity
  • Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
  • Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help. 
  • Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
  • Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
  • Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported. 

Carol Glynn, founder of Conscious Finance Coaching