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Published on : Wednesday, November 9, 2016
The Dubai government has announced a proposed three-billion-dollar finance deal to achieve the target which is lower than the 160 million passengers the Dubai government announced earlier.
Dubai International Airport, known as DXB, in the north-east of the sheikhdom, is the world’s largest international airport, with 78 million passengers in 2015, with a 23 percent average compound annual growth rate, since 2000.
By the end of 2016, DXB is poised to have hosted 85 million passengers over this year, NAM News Network quoted Dubai Airports CEO, Paul Griffiths, as saying.
The new Al Maktoum International Airport (DWC), in the south-west of Dubai, which opened in June 2010, is planned to become the primary airport for Dubai, as well as, home to the United Arab Emirates (UAE) first carrier, Emirates Airline, owned by the Dubai government, from 2025.
“Dubai remains firmly committed to the development of Al Maktoum International Airport and to the growth of the global aviation sector,” chairman of Dubai’s Supreme Fiscal Committee, Sheikh Ahmed bin Saeed Al-Maktoum, also Chairman and CEO of Emirates Airline, said.
Dubai’s aviation sector contributed over 27 percent to the country’s gross domestic product last year which is expected to rise to 35 percent by 2020.
Tags: dubai airports