Dubai is one of the most popular emirates in the United Arab Emirates. Boasting all the top-end and luxury brands to souks, it is a paradise for shopaholics. In addition to this, it is also the commercial centre, featuring zonal and head offices of giant conglomerates. This is the reason that it is visited by a large number of leisure and business travelers from all across the globe throughout the year. Hence, most of the carriers based in this city offer frequent services to major cities of the world. For instance, Emirates – the national carrier – offers four non-stop Dubai to New Delhi flights. Similarly, connecting as well as direct services are offered by this airline to popular cities in the world.
Though the presence of carrier can be seen all over the globe, it receives high passenger traffic from India. As per reports, this Gulf-based airline is looking forward to get bigger pie share of international passenger traffic from India. The report further states that Emirates may carry over 85 million travelers to and from the country, by the end of the year 2020. This airline has contributed over $848 million in the gross domestic product (GDP) of the country every year along with offering jobs to around 86000 people.
Network Expansion
Several reports and industry experts claim that Indian aviation industry is in the booming phase. By the end of this decade, this nation may become the third largest market in the world, six ranks higher than the current spot. The vice president (VP) of Emirates said that they plan to capitalize this growth opportunity, and reserve a greater chunk of profits for the carrier. For this, enhancement in services, redefined cost strategies and network expansion are the most vital points. Currently, the carrier operates over 180 flights every week, connecting nine Indian cities that include its hubs at the Delhi and Mumbai airport. Back in February 2014, aeronautical authorities of both the countries negotiated a deal that awarded around 11000 additional seats to this Dubai-based carrier. This led to an increase in the number of options to reach this emirate as well as Dubai to New Delhi flights and other cities as the return option.
A similar growth can be pictured in the scenario as the carrier is aiming at growth of around 67 per cent in the next five years.
Economical Aspect
Apart from pacifying the Indian economy by adding to its GDP, the airlines also makes a significant contribution in foreign exchange earnings. As per reports, it generates over $1.7 billion that can be increased manifolds if the enhancement in the capacity entitlement applied by the carrier is approved by the government. As per projections, if Emirates adds 4500 flights on this route, around 4800 jobs will be created along with increasing foreign exchange earning up to $1.8 billion. Similarly, if the agreement supports expansion of around 13849 seats on flights services between these destinations, such as Dubai to New Delhi flights or Mumbai to Dubai flights, the number of job support will increase to over 100000. The contribution in GDP and foreign exchange earnings may rise to $987 million and $2 billion, respectively.
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