Flights between UAE and Australia use new green strategies



ABU DHABI // The last of four "green" flights arrived in Sydney from Abu Dhabi at the weekend.

The Virgin Australia flight was the capstone of an experiment in increasing fuel efficiency.

Department of Transport officials said that rather than use new technology, the green flights between the Emirates and Australia calculated the most fuel-efficient routes, even as the aircraft were in the sky.

"This is achieved through close co-operation between air traffic control, the airport operator and the airline," a department official said.

Tactics included following favourable wind patterns, which was not possible before the introduction of modern communications, navigation and surveillance systems, officials said.

"Greater operating efficiencies can be achieved if the flight is able to operate on a flexible flight path that allows the aircraft to take advantage of any favourable tailwinds or, conversely, to avoid headwinds," the department official said.

"Depending on wind patterns, there are significant fuel savings to be achieved by long-haul aircraft operating over the vast oceanic airspaces such as the Arabian Sea and Indian Ocean."

Take-off and landing procedures have also been considered. An uninterrupted ascent uses less fuel than levelling off at different altitudes.

"Similarly, during the arrival phase of flight, the pilots and air- traffic controllers strive to achieve a continuous descent through to landing, and avoid using holding patterns when the aircraft is … in the air awaiting OK to land and other delaying actions that would otherwise consume fuel," the department official said.

The other three flights were from Abu Dhabi to Sydney on Etihad Airways and from Perth to Dubai and Dubai to Brisbane on Emirates Airline.

Results from the four demonstration flights will be announced this year and used as a benchmark for improvements in the air navigation system.

A spokesman for Etihad said rough estimates indicate up to 2,000kg of carbon emissions could be saved with green flights.

The green flights were an initiative by the Indian Ocean Strategic Partnership to Reduce Emissions (Inspire). The UAE, South Africa and Australia took part in Inspire under the guidance of the International Civil Aviation Organisation, through which governments and organisations are working to improve their overall fuel efficiency by 2 per cent a year until 2050.

Statistics from the Intergovernmental Panel on Climate Change show air traffic contributes to 2 per cent of global emissions of carbon dioxide, and accounts for nearly 4 per cent of the total human effect on climate.

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

The biog

Name: Shamsa Hassan Safar

Nationality: Emirati

Education: Degree in emergency medical services at Higher Colleges of Technology

Favourite book: Between two hearts- Arabic novels

Favourite music: Mohammed Abdu and modern Arabic songs

Favourite way to spend time off: Family visits and spending time with friends

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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

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.”

MATCH RESULT

Liverpool 4 Brighton and Hove Albion 0
Liverpool: 
Salah (26'), Lovren (40'), Solanke (53'), Robertson (85')