Evaluation of Airline transport sector activities-relate it to UAE in relation to other countries in terms of goodand services logistics

Evaluation of the Airline Transport Sector.
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Part C
UAE was formed in 1971, and since then it has become a universal financial and trading center. The leading national airline in the United Arab Emirates (UAE) is the Emirates airline, and it is owned by Dubai whereas Etihad is the second largest national air company belonging to Abu Dhabi (Budd, 2016). International Institute for Management Development ranked UAE as the first globally in quality air transport infrastructure banning some aircraft due to the poor standards, for instance, those from the Democratic Republic of Congo, Sierra Leone, Swaziland and Sao Tome and Principal (Group, 2014). Additionally, UAE is the eighth largest oil producer internationally. Air travel contributes significantly to growth domestic product of UAE as it entails locally based airlines and the international airlines (Vogel, 2016).
Economic activities are the main factors influencing the growth of the air transport with countries like UAE considering air travel as part of the economic diversification. However, there is a steady growth in UAE drawing a lot of money from the production of oil being the eighth largest oil producer in the world with a two third contribution in the national GDP (K.Young, 2014). Among other trading activities in UAE is its involvement in the international activities by being well integrated into the Arab economy. UAE has created a pleasant environment for foreign countries to trade and thus attracting foreign inflows.

The government of UAE has also put up laws to aid in the regulation of local economic activities and the utilization of the Intellectual Property Rights and in return promoting competition. Moreover, these local businesses improve the exportation of excess goods to foreign countries (Group, 2014).
K.Young (2014) states UAE as having the most open economies worldwide having a major economic relationship with the United States. In the past years, US direct investments and exports have grown drastically. UAE remains the United States largest export market in the Middle East. The US-UAE relationship continues to blossom with the establishment of the US-UAE business council in the year 2007 March thus intensifying the growth of the commercial relationships (Budd, 2016). Additionally, from UAE’S point of view the joint ventures, international partnerships continue to provide skill’s to the domestic economy. Real estate sector in UAE has attracted investors worldwide with the aim of meeting the increasing market demands in housing and commercial units. Some of the housing projects include Burj Khalifa, Yas Marina, the Palm, Falcon Island and Aldana Island. UAE is also a global energy supplier as OPEC (Organization of Petroleum Exporting Countries) members are holding stocks in Abu Dhabi’s oil companies. These countries are Japan, France, Britain and United States (Scott, 2014).
Part d
Economic diversification improves on the transport sector, and in return, there is economic growth thus the UAE markets are considered competitive across the Middle East. Moreover, Economic openness has attracted more local and international investors in the industrial sectors (Group, 2014). New projects such as the Cross-railway construction are being integrated linking ports in UAE that are creating efficient logistic environments for the transportation of raw materials to the companies, products and goods within the local market and exportation through air transport (Williams & O’Connell, 2012).
The government through the ministry of economics has put up laws and measures to protect the national efforts thus reducing anti-dumping. Following the agreements by the World Trade Organization, the Ministry is conducting legal actions on anti-dumping fees on UAE exports such as rubber, crystal, iron, aluminum, petrochemical products, and gypsum by countries such as Brazil, United States, Turkey, and Canada. The ministry is also helping protect against increased ceramic imports from Egypt, Tunisia, India and the United States and this may lead to a decline in airline profits that explicitly import such products.
The government is the key role player in air transportation by supporting economic competitiveness. The government affects the air activities through the following: operational incentives, investing in the infrastructure, owning airlines and regulatory frameworks (K.Young, 2014). Equally, these incentives pose a great impact on economy development. The UAE government has built the Dubai International Financial Center that inspires commercial development and the foreign direct investment through the provision of legal businesses and infrastructure for a passenger going through the Dubai International Airport. It also helps in improving international trade with foreign countries yielding productivity in the air transport (Vogel, 2016).
Further, UAE has experienced evolution in the air transportation due to the rapid growth in the Emirates airline and its favorable geographical hub at the Dubai International Airport (Group, 2014). Emirates compete with Asian and European carriers. This competition has led to the expansion of the Dubai airport with the construction of new runways and terminals. Among other government initiatives in the airlines is the promotion of high-quality tourism and quality service delivery. Countries like Jamaica view the expansion of the air transport as a catalyst for economic growth and development and high dependency on USA passengers, and its government encourages foreign investment and diversification in the aviation business (Williams & O’Connell, 2012).
The Emirates airline is well known countrywide for its job creation as it recruits both local and international employees with the domestic and international investors dominating with this being part of its economic openness. Countries like Europe and North America are also accounting for global employments with the national and international investors dominating (Williams & O’Connell, 2012). Air transport in the Middle East improves the efficiency of the supply chain as many industries prefer air as a mode of transportation that reduces the delivery time. UAE has entered into a few agreements to help improve the air transport business. The most compelling one being the agreement with the Canadian government giving it the appropriate authority over the airline thus there is improved bilateral agreements among the two countries (Group, 2014).
The government incentives are facilitating procedures to reduce license fees on imports that are a significant boost on the air transport. The ministry has come up with a law that enhances a significant reduction on customs imposed raw materials, equipment and goods by the Emirates of UAE (Kongstvedt, 2012). The Ministry of Economy arranges forums, economic trade fairs, conferences and official visits for foreigners with the aim of opening more channels to boost the transport sector and economic openness. Besides, the UAE government has custom zones and free trade zones that protect exports and imports. Goods entitled for free trade zones are exempted from duties, and this brings no profits to the air transportation. Commercial and non-commercial firms are by law required to acquire licenses whose dues are paid to the UAE embassy to transact their businesses whereas the exporters appoint agents to help in the goods distribution (Williams & O’Connell, 2012).

References.
BIBLIOGRAPHY l 1033 Budd, L. (2016). The geographies of air transport. ‎Abingdon-on-Thames: Routledge.
Group, O. B. (2014). The report: Dubai 2014. London: Oxford Business Group.
K.Young. (2014). The Political Economy of Energy, Finance and security in the United Arab Emirates: between the majilis and the market. New York: Springer.
Vogel, H. L. (2016). Travel industry economics: a guide for financial analysis. 351.
Williams, D. G., & O’Connell, D. J. (2012). Air transport in the 21st Century: key strategic developments. 508.