By 2027, Dubai Airports anticipates a surge in passenger traffic, surpassing the 100 million mark.
- The CEO of Dubai Airports is optimistic about the future and anticipates a significant increase in passenger traffic, reaching a record high of 100 million by 2027.
- Paul Griffiths stated that the airport operator has experienced a robust post-pandemic recovery, with the city being in its strongest position ever.
- In the first quarter of this year, Dubai International Airport experienced its busiest quarter ever, with over 23 million passengers, representing an 8.4% increase compared to the same period last year, the company announced.
The CEO of Dubai Airports is optimistic about the future and anticipates a significant increase in passenger traffic, reaching a record high of 100 million by 2027.
Paul Griffiths stated that the airport operator has experienced a robust post-pandemic recovery, with the city being in its strongest position ever.
Both Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) are owned and managed by Dubai Airports.
Griffiths stated that a shortage of aircraft capacity and efforts to promote Dubai as a safe haven could result in a surge in passenger numbers.
He stated on CNBC's "Capital Connection" on Tuesday that the three reasons suggest we will have a record year with a forecast of 91 million for the end of 2024.
"By 2027, we anticipate surpassing the 100 million passenger mark, indicating a very promising future."
In the first quarter of this year, Dubai International Airport experienced its busiest quarter ever, with over 23 million passengers, representing an 8.4% increase compared to the same period last year, the company announced.
Emirates and its sister airline Flydubai increased destination offers, which contributed to the decision.
In the first quarter, there were 23,052,060 guests, with January having the highest traffic of 7.9 million passengers.
The aviation sector in the Middle East is further strengthened by the airport's stellar growth, which solidifies its role as a key driver of Dubai's economy.
In April, Dubai's government approved a $35 billion plan to construct a new passenger terminal at Al Maktoum International Airport, which will increase its size by five times and make it the largest airport in the world upon completion.
Griffiths stated that the airport operator will continue to invest in cutting-edge technology to enhance "the flow rate through our airport facilities," ensuring a faster and more convenient experience for passengers.
He stated that by utilizing our existing infrastructure, we can achieve significant increases in capacity without the need for extensive construction.
Business News
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