"If the 2021 Dubai Airshow demonstrated signs of recovery from the pandemic, which brought the worst crisis in the industry's history, then this year's event highlighted its resilient return to sustainable growth", the news site wrote.
Paul Griffiths, chief executive of Dubai Airports, summed up this sentiment at the Dubai Airshow gala dinner. "We're back!" he proclaimed to a gathering of the aviation industry's elite, attended by Sheikh Ahmed bin Saeed, chairman and chief executive of Emirates Airline and Group.
"The emotional heart of this fabulous industry here in the UAE beats more strongly and more optimistically than ever before," said Mr Griffiths.
The Dubai Airshow's host airline Emirates, along with its sister carrier flydubai, led the orders for commercial jets and underlined the recovery in the wide-body aircraft market, as long-haul travel makes a strong comeback.
Emirates ordered 110 aircraft worth $58 billion at list prices, while flydubai ordered 30 Boeing 787 Dreamliner wide-bodies valued at $11 billion. Customers typically get significant discounts, particularly for large orders.
The two UAE carriers dominated the air expo with their order splash.
The symposium promoting the Hainan Free Trade Port was successfully held on May 29 in Budapest, organized by China’s Hainan Province, with the contribution of the Hungarian-Chinese Youth Friendship Association (MKFB).
A regular direct flight shuttles between Budapest, Hungary's vibrant capital, and Ningbo, China's eastern maritime hub, spanning 5,000 kilometers of geography but bridging continents in trade and investment.
"Hungary is a gateway to Europe for Asian companies, while Hong Kong serves as a gateway to Asia for European companies," Alpha Lau, Director-General of Investment Promotion at InvestHK – a Hong Kong government agency – told our paper at the Guangdong-Hong Kong-Macao Greater Bay Area and Hungary (Europe) Economic and Trade Cooperation Conference in Budapest.