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