04.06.2018 Views

ACU June 5th DRAFT

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

AVIATION<br />

UAE, Canada in talks to increase direct flights<br />

OTTAWA: The United Arab Emirates<br />

and Canada recently held talks on<br />

the possibility of increasing the<br />

number of direct flights between<br />

them to further strengthen their<br />

political, economic and trade<br />

relations.<br />

The Canadian government says the<br />

UAE is Canada's largest export<br />

market in the Middle East and North<br />

Africa and its 16th largest export<br />

market globally. Canadian exports<br />

to the UAE reached a record US$1.79<br />

billion in 2016.<br />

Foreign Direct Investment is also a<br />

common interest between the<br />

countries with UAE investors<br />

pouring in US$9.68 billion to<br />

C a n a d a i n 2 0 1 5 . A b o u t 1 5 0<br />

Canadian companies operate in the<br />

UAE and about 40,000 Canadians<br />

live and work in the UAE.<br />

UAE Minister of Economy Sultan bin<br />

Saeed Al Mansouri led the meeting<br />

in Canada. He met with Canadian<br />

Minister of Transport Marc Garneau<br />

and discussed ways to develop joint<br />

cooperation in the air transport<br />

field, the Emirates State News<br />

Agency WAM reported.<br />

During the meeting, held at the<br />

Canadian ministry headquarters, Al<br />

Mansouri said the UAE and Canada<br />

enjoy growing bilateral relations,<br />

especially in the economic and<br />

trade sectors.<br />

He also pointed out that the two<br />

countries have completed a number<br />

of qualitative steps during the last<br />

phase to create the necessar y<br />

legislative structure for the growth<br />

of cooperation between the private<br />

sectors and the opening of markets<br />

to businessmen from both sides<br />

through signing of a number of<br />

a g r e e m e n t s a s w e l l a s t h e<br />

establishment of the Joint Economic<br />

Committee and the formation of the<br />

UAE-Canada Business Council.<br />

Al Mansouri added there is a need to<br />

develop aspects of cooperation in<br />

the field of aviation and air services,<br />

to keep abreast of the current<br />

development in bilateral relations<br />

between the two<br />

Titan Aviation goes global with new AOCs<br />

GENEVA: Titan Aviation, a leading<br />

provider of aircraft management,<br />

aircraft sales and air charter services<br />

in the Middle East and India, has<br />

secured two new international Air<br />

Operator Certificates (AOCs) and laid<br />

out its ambitious global growth<br />

strategy at EBACE 2018 – Europe's<br />

premier aviation event.<br />

Founded in 2004 in India, the Dubaiheadquartered<br />

company has since<br />

opened eight<br />

n e w b a s e s<br />

across Europe<br />

and the USA,<br />

a n d h u g e l y<br />

strengthened<br />

its operations<br />

team.<br />

“ W e a r e<br />

growing and<br />

e x p a n d i n g<br />

into the global<br />

market with<br />

the latest two<br />

certifications<br />

facilitating our international aircraft<br />

management and charter business<br />

with aircraft registered in San Marino<br />

or the USA now flying all over the<br />

world,” said Capt. Sakeer Sheik,<br />

founder and chairman of Titan<br />

Aviation Group.<br />

With offices in San Marino, Italy,<br />

Germany, France, the UK, Florida,<br />

New Jersey and New York, Titan now<br />

has 25 aircraft in its globally managed<br />

fleet, including Lineage 1000,<br />

Bombardier Global 6000, Legacy 650<br />

and Gulfstream, with several available<br />

for charter.<br />

“Our target is to have 20 jets under<br />

management in Europe within two<br />

years and 50 in the USA within the<br />

same timescale of 2020,” explained<br />

Sheik. “The new AOCs and offices<br />

leave us well placed to reach these<br />

aims. We are now servicing the main<br />

European and American business and<br />

leisure destinations preferred by our<br />

clients in the Middle East and India,<br />

while providing seamless access to<br />

and from the USA and Europe.”<br />

Titan's international growth march<br />

also includes expanding its influence<br />

into the medevac arena, particularly<br />

in the UAE where a gap in the market<br />

has arisen with the withdrawal of Abu<br />

Dhabi's Royal Jet from the sector.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!