UAE expats welcome trial flight landing in Kerala’s 4th international airport

February 24, 2016

Dubai, Feb 24: Expatriates from Kerala are excited about having a fourth international airport in their home state.

kannur

The Kannur International Airport (KIA) is all set to have its first trial landing of an aircraft on February 29. Expats from Malabar region cannot wait for the airport to be fully operational, as that would mean they can directly fly into their hometown.

The Director General of Civil Aviation has given clearance and a defence aircraft will touch down on the runway on the morning of February 29. The military plane will take off from the Karipur International Airport and land on the partially-completed runway. Full-fledged operation of international flights from KIA will commence from September 2016.

“KIA, which boasts a 4,000 meter runway when completed, is strategically positioned for both expatriates and business community from Malabar region. It can accommodate international travellers from Coorg and Mysore from the neighbouring state of Karnataka apart from serving those of the surrounding districts in Kerala, such as Vayanad, Kasargodu and Kozhikkodu, said Vinay Nambiar, UAE Country Head, Spice Jet. “Today someone going to Coorg need to travel to Mangalore and then take a road journey of about six hours,” he added.

The expected flow of international passengers through the new airport by 2026 is 4.6 million passengers per year and a cargo movement of 60,758 tonnes per annum. The projected aircraft movement from KIA is 39,638 per annum with a peak hour aircraft movement of 18 flights.

Speaking to Emirates 24|7, P Shashindran, a resident of Kannur, said: “Out of four international airports in Kerala, KIA is going to be the biggest international airport with 4,000 meter runway, making it suitable for any type of aircraft to land there.” He said, other two adjacent airports are table-top airports with limited space for expansion.

“With the completion of KIA, the place will become another hub for textile exports from India. Recently the National Institute of Fashion Technology came to Kannur and I am sure the airport project will only boost it further. There is not a single family in Malabar without a NRI and the new airport will definitely be useful,” he added.

A fifth airport in central Kerala has been in debate for some time now. KIA is being developed by Kannur International Airport Ltd (KIAL), a public limited company. The Phase 1 project cost would be approximately Indian Rs.1,892 crore including the cost of land.

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Agencies
May 25,2020

Abu Dhabi, May 25: Dusty weather to persist in the UAE on Monday as well with a chance of rainfall in parts of the country, the national Met department reported.

According to the NCM, the weather today will be fair to partly cloudy, with a chance of some convective clouds formation by afternoon - eastward and northward - extending to some internal areas that may be associated with some rainfall.

The weather will get humid by night and Tuesday morning over some coastal areas.

NCM predicts a wet Eid break.

Sharjah Police issued a weather warning as heavy rain flooded roads in Sharjah's Kalba among other areas.

Moderate to fresh winds will gain strength during the day causing blowing dust and sand.

The sea will be slight to moderate in the Arabian Gulf and in Oman Sea.

Earlier on Sunday, a weather alert was issued by authorities as moderate to heavy rain - accompanied with hail - lashed parts of the UAE. A rainbow in Dubai skies cheered up residents, celebrating a unique Eid this year amid the coronavirus Covid-19 pandemic - by mostly staying home.

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News Network
May 1,2020

Dubai, May 1: Saudi Arabia has reported 1,344 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 24,097, the Ministry of Health announced on Friday.

The ministry also announced 7 more deaths and 392 new recoveries, raising the total number of fatalities and recoveries to 169 and 3,55 respectively.

Out of the 1,344 new cases reported today, 282 were confirmed in Riyadh, 237 in Madinah, 207 in Makkah, 171 in Jubail and 124 in Jeddah in addition to 114 infections in Dammam.

Authorities continue to urge people to stay at home unless necessary despite having relaxed some restrictions and curfews at the start of Ramadan.

Citizens and residents are allowed to go out for necessary needs between 9 a.m. and 5 p.m. but must adhere to precautionary measures such as wearing a face mask and maintaining social distancing practices.

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News Network
May 7,2020

Dubai, May 7: Saudi Arabia will emerge as the victor of the oil price war that sent global crude markets into a spin last month, according to two experts in the energy industry.

Jason Bordoff, professor and founding director of the Center for Global Energy policy at New York’s Columbia University, said: “While 2020 will be remembered as a year of carnage for oil nations, at least one will most likely emerge from the pandemic stronger, both economically and geopolitically: Saudi Arabia.”

Writing in the American publication Foreign Policy, Bordoff said that the Kingdom’s finances can weather the storm from lower oil prices as a result of the drastically reduced demand for oil in economies under pandemic lockdowns, and that it will end up with higher oil revenues and a bigger share of the global market once it stabilizes.

Bordoff’s view was reinforced by Sir Mark Moody-Stuart, former chairman of Royal Dutch Shell and one of the longest-standing directors of Saudi Aramco. In an interview with the Gulf Intelligence energy consultancy, he said that low-cost oil producers such as Saudi Arabia would emerge from the pandemic with increased market share.

“Oil is the only commodity where the lowest-cost producers have contained their production and allowed high-cost producers to benefit. When demand recovers this year or next, we will emerge from it with the lowest-cost producers having increased their market share,” Moody-Stuart said.

Bordfoff said that it would take years for the high-cost American shale industry to recover to pre-pandemic levels of output. “Depending on how long oil demand remains depressed, US oil production is projected to decline from its pre-coronavirus peak of around 13 million barrels per day.

“Shale's heady growth in recent years (with production growing by about 1 million to 1.5 million barrels per day each year) also reflected irrational exuberance in financial markets. Many US companies struggling with uneconomical production only managed to stay afloat with infusions of cheap debt. One quarter of US shale oil production may have been uneconomic even before prices crashed,” he said.

Moody-Stuart said that recent statements about cuts to the Saudi Arabian budget as a result of falling oil revenues were “an important step to wean the population of the Kingdom off an entitlement feeling. It means that everybody is joining in it.”

The former Shell boss said that other big oil companies would follow Shell’s recent decision to cut its dividend for the first time in more than 70 years. But he added that Aramco would stick by its commitment to pay $75 billion of dividends this year.

“When a company looks at its forecasts it looks ahead for one year, so for this year it (the dividend) is fine,” he said.

Bordoff added that Saudi Arabia’s action in cutting oil production in response to the pandemic would improve its global position.

“Saudi Arabia has improved its standing in Washington. Following intense pressure from the White House and powerful senators, the Kingdom’s willingness to oblige by cutting production will reverse some of the damage done when it was blamed for the oil crash after it surged production in March,” he said.

“Only a few weeks ago, the outlook for Saudi Arabia seemed bleak. But looking out a few years, it’s difficult to see the Kingdom in anything other than a strengthened position,” Bordoff said.

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