Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Aviation growth sustainable  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Dubai international to maintain 70 million passengers despite partial shutdown

the emirates pavilion at the airport show.the expo is featuring 250 exhibitors from 39 countries.

dubai international airport currently ranked as the world’s busiest airport will sustain its growth to record passenger traffic above 70 million in 2014 despite the 80-day partial runway closure shaikh ahmed bin saeed al maktoum president of the dubai civil aviation authority chairman of emirates airline and chief executive of the emirates group said on sunday.

speaking to the media following the opening of the 14th edition of airport show at the dubai international convention and exhibition centre shaikh ahmed said dubai which aims to increase the aviation sector’s contribution to the economy to 32 per cent by 2020 will continue to invest in aviation infrastructure to cope up with the anticipated growth in air passengers and cargo movements in the coming years.

in the first quarter dubai international airport became the busiest airport in the world overtaking london heathrow thanks to strong growth by local carriers — emirates and flydubai.

dubai airports received 18.36 million passengers in the first quarter of this year compared to 16.1 million passengers that passed through london heathrow in the same quarter. in the first three months of the year passenger traffic at dubai airport rose by 11.4 per cent to a record 18.36 million compared with the 16.486 million passengers it received in the same quarter last year.

the airport which handled over 66 million passengers in 2013 and was ranked the world’s second-busiest airport for international passengers is undergoing a runway upgrade that has prompted several airlines to curtail their operations or move their flight operations to al maktoum international airport in dubai world central and sharjah international airport.

shaikh ahmed said the coming together of exhibitors from across all the geographical regions coming to dubai for the airport show-2014 in big numbers than the previous editions clearly reflects the global interest in the middle east region’s booming aviation sector with the uae in general and dubai in particular leading the pack.

“we are in the midst of a long and meaningful journey with many more milestones to cross. we remain strongly committed to aviation’s growth and our investments and developments in this crucial economic sector remain strong and unfaltering as ever before” shaikh ahmed said.

accompanied by senior officials of regional airports and civil aviation authorities shaikh ahmed later went on a tour of the exhibition which occupies about 12600sqm of gross exhibition space in three halls at the dubai international convention and exhibition centre.

airport show 2014 the world’s top-league b2b event featuring 250 exhibitors from 39 countries has been designed for the airport procurement supplies solutions and technology for the middle east region where an estimated 100 billion investments including 40 billion in the six gcc states have been earmarked for airports expansion. according to international air transport association the middle east region is expected to record the fastest growth rate of 6.6 per cent until 2016 making it the second-fastest growing aviation market in the world.

aviation experts forecast that airports in the region that are currently under various stages of expansion and upgrades are projected to cater to 400 million passengers by 2020 with the uae airports taking one-fourth of the share in the anticipated growth in air passenger traffic.


 


Khaleej Times




  MENA News Headlines
 Dec 25 2014 - Kuwait's KNPC to increase natural gas capacityMENAFN
(MENAFN) Kuwait National Petroleum Company announced that it will raise its natural gas production capacity to more than two billion cubic feet a day after commissioning a new plant in the country, ...

 Dec 25 2014 - Iraqi Prime Minister Heads to TurkeyQatar News Agency
(MENAFN - QNA) Iraqi prime minister Haider Abadi began Thursday morning a two-day official visit to Turkey. During the visit, Abadi will hold talks with Turkish officials on means of developing ...

 Dec 25 2014 - Turkey Condemns Deadly Explosion in BaghdadQatar News Agency
(MENAFN - QNA) Turkey has condemned an explosion in the Iraqi capital Baghdad that killed around 50 people on Wednesday. "We strongly condemn this reprehensible attack that targeted Iraq's ...

 Dec 25 2014 - Saudi projects huge deficit as oil price drop bitesAFP
(MENAFN - AFP) Saudi Arabia announced a 2015 budget with a huge deficit Thursday as the world's largest crude exporter begins to feel the impact of its own decision not to shore up oil prices. The ...

 Dec 25 2014 - Abraaj, Kellogg bidding war continues for Egypt's Bisco MisrMENAFN
(MENAFN) The bidding war between UAE's Abraaj and Kellogg Co, the world's largest breakfast cereal maker, continues to intensify to acquire the USD144 million worth Egyptian snack maker Bisco Misr as ...

 Dec 25 2014 - Qatar's beIN to buy USD820m stake in Turkish TVMENAFN
(MENAFN) Qatar's beIN Media Group, which runs beIN Sports, announced it has agreed to pay USD820 million for the acquisition of 53 percent of Turkish pay-TV giant Digiturk, Arabian Business ...

 Dec 25 2014 - Arab region to invest USD356b on power projectsMENAFN
(MENAFN) According to a new study by Kuwaiti-based Arab fund for economic and social development (AFESD), Arab states will need to pay nearly USD356 billion in investments for the construction of ...

 Dec 25 2014 - Summary of Local News ReleasedWednesday - 1-Qatar News Agency
(MENAFN - QNA) - Trading volume of real estate last week December 14-17 was worth in excess of QR 567 million, the Real Estate Registration and Authentication Department at the Ministry of Justice ...

 Dec 25 2014 - Zionist soldiers gun down Hamas fighterArab News
(MENAFN - Arab News) GAZA CITY: Israel launched an airstrike in southern Gaza on Wednesday and killed a Hamas man.Palestinian medical sources said Tayseer Al-Ismary 33 was killed 'as a result of ...

 Dec 25 2014 - 'IS responsible for pilot's safety'Arab News
(MENAFN - Arab News) AMMAN: Islamic State fighters took a Jordanian pilot captive after his warplane came down in northeast Syria on Wednesday the first captive taken from the US-led coalition ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help