The Dubai International Airport grew 7.8 per cent during the first 11 months of the year to 46.2mn.
Passenger traffic at Dubai International Airport increased by 7.8 per cent during the first 11 months of the year to reach 46.2mn passengers, according to Dubai Airports.
Dnata has announced an investment outlay of US$70mn for global expansion.
Dnata, the ground-handling arm of the Emirates Group,?has announced an investment outlay of US$70mn for global expansion, of which most of the money will go into purchase of essential Ground Support Equipment (GSE).
Boeing announced that it had received the largest commercial aircraft order in its history from Emirates Airline for 50 widebody 777-300s.
Emirates chairman Sheikh Ahmad bin Saeed Al Maktoum told reporters that the deal is valued at US$18 billion and Emirates has options to purchase another 20 Boeing 777-300 jets. Delivery is set to take place in 2015, he added.
If Emirates decides to go for an additional 20 Boeing 777-300 ER, then the deal is worth about US$26 billion, Sheikh Ahmad said. He added that the airline was looking at a range of funding options including export credit agencies and Islamic financing to pay for the order.
Ambitious plan
Sheikh Ahmed said the new order underlines Emirates strategy. "We have an ambitious and strategic plan to continue growing our international network and especially increasing our long-haul, non-stop routes," said Sheikh Ahmad
Boeing delivered 127 commercial airplanes in the third quarter of 2011, including 100 of its best-selling 737 narrowbodies and 21 widebody 777s.
The 777-300 ER extends the 777 familys span of capabilities, bringing twin-engine efficiency and reliability to the long-range market. The airplane carries 365 passengers up to 14,685 km.
As per Boeings estimate, the regional aviation industry will grow upward at an average of 7.1 per cent a year for the next 20 years.
As per Boeings estimate, the regional aviation industry will grow upward at an average of 7.1 per cent a year for the next 20 years.
Emirates has emerged from global recession with an enviable financial position, nearly tripling capacity and passenger revenues over the past five years - Image credit : priceit.in
Middle East passenger traffic is expected to reach 140mn by 2015 and Emirates is likely to become the worlds largest widebody carrier, global management consulting firm The Boston Consulting Group (BCG) says in a new report.
