Shipping
Currently, Mr. Fiyaz’s main business interests are in trans-national shipping. With the recent economic expansion in both India and China, the demand for vessels capable of trans-national shipping has increased dramatically. Along with this increased demand has naturally come a drastic increase in freight rates. Recognizing these opportunities, Mr. Fiyaz has invested heavily in shipping and has built an important fleet of vessels; the principal activity of which is to operate dry bulk carriers for the transportation of iron ore, coal, grain, bauxite, phosphate, fertilisers, steel and other products. Mr. Fiyaz is focused on building and maintaining long lasting relationships in the international shipping industry including charterers, operators, brokers, suppliers, classification socities, insurers and plans to expand vessel portfolios in the coming years.
Real Estate
With Real Estate interests in commercial and residential properties; Mr. Fiyaz has investments in various emerging markets in Eastern European countries as well as in India, where there is big growth potential. He aims to continue building and increasing his worldwide portfolio of property and land developments.
Aviation
In general aviation industry is set to spread its wings rapidly with the rising use of small aircraft and boost from various government bodies. Apart from schedule airlines general aviation also encompasses almost everything that flies; ranges from corporate jets, companies which cater to businesses and air taxis to crop-dusting, cloud seeding and aerial mapping and photography.
According to Mr. Javed Fiyaz the future means of travel is AIR and air transportation is definitely a growing industry contributing to world economic development by generating enormous wealth around the globe.
There is an increasing need for business flights and air taxi services specially after 9/11 as airports jamming with long queues of general passengers because of extra security measures.
Globally, there are about 340,000 general aviation aircraft, making up 97 percent of 350,000 civil aviation airplanes; but in south-east Asia, the number in general aviation airplanes is less than half of the total aircraft.
As per forecasts that 24300 aircrafts worth of $2.8 trillion will be ordered between now and year 2026. The reflection can be seen by increasing deliveries up from 1130 aircraft to 1215 aircraft a year.
Mr. Fiyaz believes that the further expansion of air travel will be more in Asian subcontinents as country like China, India and some of Gulf countries are performing economically well in the arena of world economy.
The expert estimates that only China would have 10,000 general aviation aircrafts by 2020 and general aviation flights hours will be three times more than that in 2009 to reach 260,000 flight hours by 2015.
Dubai and Qatar are another emerging markets in the world Arena because of their financial strength and flexible business policies as more multinational companies opening branches in to these region. The expansion of Dubai airport will significantly increase the more number commercial flights and let boom the aviation services business in to that particular region.
Though the profitability of running an airline may not be as lucrative like before because of rise in fuel and other associated costs but service sectors will always flourish to serve these airlines. That is why the latest acquisition of Express Aviation Support International is a direct result of Mr. Fiyaz beliefs in the aviation future which balances out by his business diversification programme.
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