Dubai airshow brings billions in business deals

Industry professionals are hoping that Dubai Airshow 2011 will kick start ailing industry.

    Aviation professionals are hoping that this week's Dubai Air Show will help kick start the struggling industry.

    Plagued by high oil prices, a declining demand in Europe and a lack of new talent, airlines across the globe are finding it hard to stay afloat.

    However, insiders hope that Dubai's recent order of 50 Boeing 777 jets, at a cost of $26bn, is a sign that the situation is changing course.

    Al Jazeera's Kamahl Santamaria reports from Dubai.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The peace games: Dreaming big for South Sudan's youth

    The peace games: Dreaming big for South Sudan's youth

    A relatively new independence and fresh waves of conflict inspire a South Sudanese refugee to build antiwar video games.