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Underpinned by huge cash reserves, GCC countries will continue to spend on an estimated $172 billion worth of infrastructure and capital projects planned and under way in 2015 — the highest on record to date, Deloitte said.
Dubai — The Dubai International Airports, with planned $7.8 billion investment that will lead to an ultimate capacity of 100 million passengers a year, has revised growth projections from 103 million to 126 million passengers by 2020, and 200 million by 2030.
Emirates airline President Tim Clark, refuting claims by America’s biggest carriers that the major Gulf airlines benefit from billions in state subsidies, said on Wednesday the US government should not be persuaded by a “non-representative vocal minority”.
The United Arab Emirates is the most connected country in the Middle East and North Africa as it is ranked 12th out of 140 countries worldwide, jumping six places since 2013, according to the third edition of the Global Connectedness Index, GCI, report by DHL
Emirates airline has announced that as of February 1, 2015, its EK019/020 service between Dubai International Airport and Manchester Airport, currently operated by a Boeing 777, will be replaced with an Airbus A380.
Emirates airline’s growth will slow until the end of the decade as the Dubai government invests billions of dollars in further developing the emirate as a global aviation hub.
Of the 139 Airbus A380 superjumbos that have been delivered over the past eight years, 52 are flying with Dubai’s Emirates Airlines — with dozens more on order. That’s why when Emirates demands a redesigned version of the superjumbo with more efficient engines, Airbus listens.