Dubai airport CEO: More passengers, but years to recover

dubai airport ceo more passengers but years to recover

Sumary of Dubai airport CEO: More passengers, but years to recover:

  • DUBAI, United Arab Emirates (AP) — Dubai International Airport, the world’s busiest for international travel, handled 20% more passenger traffic in the third quarter of 2021 compared to the same period last year, its chief executive said Monday, signaling cautious optimism for the ravaged aviation industry.
  • Just 20.7 million people squeezed through the airport so far this year — a 74% drop from before the coronavirus hit in 2019.CEO Paul Griffiths said the figure still represents a sharp turn in fortunes for the crucial east-west transit hub that was clobbered by the pandemic.
  • “We’re still optimistic for recovery being very strong,” Griffiths told The Associated Press amid the aroma of jet fuel and noise of plane takeoffs on the second day of the biennial Dubai Air Show.
  • The airport is gearing up for flying to rebound at the year’s end, betting that accelerating vaccinations and relaxing travel curbs will allow Europeans to flee wintry weather for Dubai’s beaches and tourists to visit the giant world’s fair in the city that runs until March.
  • Griffiths said confidence also grew with the loosening of travel restrictions from India and Pakistan, which remained the airport’s largest market this quarter and routinely send legions of laborers and visitors to the United Arab Emirates.
  • Airlines have expanded their flying schedules as the United States recently welcomed back vaccinated Europeans and India reopened for quarantine-free tourism on Monday.
  • Behind Griffiths, tails of scores of Emirates’ iconic fleet of double-decker Airbus A380s, largely grounded amid the pandemic, loomed at Dubai World Central, the Gulf city’s second airport that went out of use for commercial flights last year.
  • The Middle East’s biggest carrier, Emirates, reported receiving an additional $681 million from the Dubai government earlier this month, bringing the total cash aid close to $3.8 billion as it posted $1.6 billion in losses for the third quarter.

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