Hilbroy Advisory Inc: Gulf Air Carriers Intend to Turn Region into a Global Hub: by Jean-Francois Amyot
Montreal, 17 November 2011 Hilbroy Advisory Inc. (Frankfurt: 2H0) – Gulf carriers have underlined their ambition to redraw world travel maps and turn the region into a global hub by placing record orders for new planes at the Dubai Airshow closing on Thursday.
Aircraft manufacturers Boeing and Airbus have embraced the game-changing vision, built on the geographic advantages of these young carriers, although conventional airlines fear they will pay the price; Jean-Francois Amyot. Huge orders for new planes placed by Dubai-owned Emirates Airlines, Abu Dhabi's Etihad Airways and Doha-based Qatar Airways were placed on the strength of the strategic location of the Gulf between the West and Asia.
Airbus forecasts that Dubai in 20 years will rank just behind Beijing and Hong Kong as a center of world air traffic, while Boeing says the United Arab Emirates will become the world's third market for air travellers behind the United States and China. They believe the three major factors explaining the three Gulf carriers' rapid growth rate of 23 percent a year over the past decade are because the region has a young population, the large numbers of migrant workers and the new emerging tourist destinations.
Coupled with progress made by traditional regional airlines and the emergence of low-cost operators such as Sharjah-based Air Arabia, launched in 2003, and flydubai, which began operations in 2009, the breakthrough of the Gulf big three justifies the manufacturers' upbeat forecast.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential: Jean-Francois Amyot.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean-Francois Amyot
Hilbroy Advisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
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