Fly2CHC
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Dubai Airport May Purchase 10% Auckland Airport

Fri Jul 13, 2007 11:10 pm

Dubai Airport is considering purchase of Manukau City's 10% stake in Auckland International Airport. Given Dubai Airport & EK ultimately have common owners, this provides support to EK establishing a real hub out of AKL. They have already mentioned that they will soon be operating AKL - US West Coast, and this would presumably be timed to also provide connectivity with SYD, MEL, BNE.
 
TruemanQLD
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 6:20 am

Interesting... I just dont see it happening though. Not the Dubai to buy Auckland airport but the EK AKL-LAX or SFO as people would never think about going EK on that route as it is no where near the 2 destinations.
 
jacobin777
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 7:44 am

Quoting TruemanQLD (Reply 1):
Interesting... I just dont see it happening though. Not the Dubai to buy Auckland airport but the EK AKL-LAX or SFO as people would never think about going EK on that route as it is no where near the 2 destinations.

.will be interesting if they attempt AKL-LAX/SFO.... other carriers have been successfully using 5th freedom rights..

Now while I know the United Arab Emirates (certainly Dubai) has Open Skies with the United States, I'm not so sure how it would work out out of AKL.... scratchchin 
"Up the Irons!"
 
Fly2CHC
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 2:44 pm

It could actually plug the gap for them, particularly if they also operated non-stop SFO/LAX - DXB. This would enable them to be a round-the-world carrier.

Personally, I think they would be probably looking at AKL-GRU a few days a week at some stage in future in order to achieve the same. If the flights were well timed, this would also provide connectivity from Australia to South America on an airline who supposedly has quite a good product.
 
VHVXB
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 2:52 pm

Quoting Fly2CHC (Thread starter):

Dubai Airport isn't the only one interested Macquarie Bank is another one who wants a stake in AKL.
 
ZKNBX
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 4:35 pm

Quoting TruemanQLD (Reply 1):
as people would never think about going EK on that route as it is no where near the 2 destinations

Not sure about this. Look at the airlines who fly the Atlantic who are "no where near the 2 destinations" yet have a presence. EK have service. 10 abreast on a 77W is a bit tight for 12+ hours to LAX but their cabin service is competitive.... they are fast building market presence here thanks to their superior cabin service on the tasman and competitive fares to SE Asia and Europe. Just as SQ, MH, AI, PK, NZ, TN, etc, have established a presence on the north atlantic, so too, EK could on the Pacific ex AKL.Make no mistake - this is a company with a deep wallet and big ambitions. I wouldn't underestimate their potential to attract customers to the South Pacific USA market.
 
ikramerica
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 4:54 pm

Quoting ZKNBX (Reply 5):
so too, EK could on the Pacific ex AKL

but all our other examples use fifth freedom as it is meant to be used. an intermediate stop on a route.

AKL is not intermediate. AKL is further from DXB than LAX is. LAX-DXB is almost the same distance as DXB-SYD, in the opposite direction. There is no geographical reason for EK to serve AKL-LAX from a standpoint of connecting to DXB.

They don't currently fly LAX-DXB, so this isn't a fifth freedom flight. LAX-AKL-SYD-DXB is four countries, but fifth freedom would only apply to LAX-AKL-DXB without a stop. It's a seventh freedom flight, and there's no reason they would automatically have the right to such a flight, even with open skies between the USA and UAE.

Open skies between Korea and the USA, for example, wouldn't automatically give a US carrier the right to fly ICN-FRA without a connection from FRA-USA and an agreement between the USA and Germany.
Of all the things to worry about... the Wookie has no pants.
 
Fly2CHC
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 5:18 pm

Quoting Ikramerica (Reply 6):
It's a seventh freedom flight

Seventh Freedom is actually 'cabotage', or the right to carry passengers domestically in a foreign country.
 
ZKNBX
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sat Jul 14, 2007 6:11 pm

Quoting Fly2CHC (Reply 7):
Seventh Freedom is actually 'cabotage'

Thankyou for the clarification; actually I'm not saying I agree with EK doing this; just that I don't underestimate their potential to pull it off sooner or later as part of a round-the-world service just as NZ do, albeit somewhat more directly - between LHR and both HKG and LAX. Further liberalisation of air routes seems likely.

EK could operate DXB-MEL-AKL-LAX-DXB and v/v

also consider MH service KUL-JNB-CPT-EZE
 
777ER
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sun Jul 15, 2007 5:15 am

Could you please provide a link for this news.

Wonder if this will encourage EK to start more AKL flights, like direct DXB
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9252fly
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RE: Dubai Airport May Purchase 10% Auckland Airport

Sun Jul 15, 2007 5:42 am

If the New Zealand and United States grant EK the right to operate AKL-LAX-AKL with local traffic rights,what's in it for them and existing carriers flying the route? I just don't see EK getting the traffic rights. I understand competition is good for consumers,but what happens if it undermines the viability of NZ?
 
hornetfan
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RE: Dubai Airport May Purchase 10% Auckland Airpor

Sun Jul 15, 2007 5:58 am

Quoting Fly2CHC (Thread starter):

"Dubai Airport is considering purchase of Manukau City's 10% stake in Auckland International Airport."

Here is the link

http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10450656

Personally I feel this will be very bad move, and I hope that the regulators nip it in the bud before it gets too far, as once they have the 10% share they are well placed to go on and obtain 50.1% and therefore control.

I would be very concerned about Dubai Airport owning Auckland Airport, and then being able to "negotiate" deals with its own airline Emirates for landing charges that would ultimately allow Emirates to undercut other airlines flying out of Auckland, and in particular cherry pick some of the more profitable routes that these airlines fly.

Not that it will happen immediately, but it will happen over time as international airline agreements are liberalised. To me it is a bit like the phone company being able to own the broadband supplier, which most countries in the world are moving away from.
 
OceansWorld
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RE: Dubai Airport May Purchase 10% Auckland Airport

Mon Jul 23, 2007 11:42 pm

Another thread has been started on this, but in doubt I add these informations here too.

Dubai to grab up to 60 per cent of Auckland Airport

The airport's directors are unanimously recommending a deal under which Dubai Aerospace Enterprise would acquire between 51 per cent and 60 per cent of the airport business.


Dubai's acquisitive ambitions are far-reaching

Who and what is Dubai Aerospace Enterprise?


The Middle East business headquartered on the shores of the Persian Gulf is chaired by Sheikh Ahmed bin Saeed Al Maktoum, part of the billionaire Maktoum family who run the tiny emirate of Dubai, which derives its money as a global service centre for neighbouring oil-rich emirates like Abu Dhabi.

Where once the oil-rich Arabs frittered their money on Rolls Royces and designer gear, now these investors buy prized global assets with long-haul returns. And as DAE chief and American Bob Johnson said in Auckland yesterday, the business regards Auckland Airport as part of his plans to "build up an airport portfolio for the next 100 years".

According to website dubaiaerospace.com, DAE is only 15 months old.
 
socal
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RE: Dubai Airport May Purchase 10% Auckland Airport

Tue Jul 24, 2007 8:54 am

If the Dubai Airport can do the HAKA, then maybe it would be a good idea. But if they can't do the HAKA then it would be a very bad idea...............The NZ government should not allow it.
I Love HNL.............
 
swissairtaz
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RE: Dubai Airport May Purchase 10% Auckland Airport

Tue Jul 24, 2007 12:55 pm

Quoting OceansWorld (Reply 12):
Who and what is Dubai Aerospace Enterprise?

DAE is a mayor stake holder of SRTechnics

regards

charles
md11 forever
 
UAEflyer
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RE: Dubai Airport May Purchase 10% Auckland Airport

Tue Jul 24, 2007 1:07 pm

DAE is an independent company, nothing to do with Emirates. They have their own strategy and shareholders which consist of large firms based in Dubai.
Emaar company (owner of tallest structure in the world)
Dubai International Capital (Rumored to buy stake in EADS)
Amlak Finance (Leading Islamic Finance company)
Dubai Airport Free Zone
Istihmar (largest shareholder)
DIFC (International Stock Exchange)
Government of Dubai

http://www.dubaiaerospace.com/

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