Mobile  |  About us  |  Photos  |  Videos  |  Subscriptions  |  RSS Feeds  |  Today's Paper  |  Classifieds  |  Contact Us
The Daily Star
SUNDAY, 20 APR 2014
07:41 PM Beirut time
Weather    
Beirut
23 °C
Blom Index
BLOM
1,214.01down
Middle East
Follow this story Print RSS Feed ePaper share this
Dubai airport swells as Emirates adds A380s
Bloomberg
File - An aerial view shows Dubai international airport, home to the national carrier Emirates Airways, on May 27, 2012. (AFP PHOTO/KARIM SAHIB)
File - An aerial view shows Dubai international airport, home to the national carrier Emirates Airways, on May 27, 2012. (AFP PHOTO/KARIM SAHIB)
A+ A-

Dubai International Airport is working to increase capacity to help accommodate more of the Airbus SAS A380 superjumbos for Emirates, the largest operator of the double-decker jet, the airline’s chairman said. The expansion may help the Middle Eastern hub become the word’s busiest airport by next year, Emirates Chairman Sheikh Ahmad bin Saeed al-Maktoum said Wednesday.

“We are going according to plan to accommodate all A380s,” he said in Dubai. “Hopefully within one year from now we would be No. 1.”

Dubai International Airport boosted traffic to about 57.7 million passengers in 2012, putting it on a path to match London Heathrow by the end of 2013. The airport opened a concourse this year dedicated specifically for the A380 double-decker, of which Emirates has ordered 90 units in total.

To fund delivery of aircraft in the financial year starting April 2014, Emirates has said it will need $4.5 billion, and may consider issuing bonds or sukuk as one option to raise some of that money depending on the market conditions.

“Whenever the market is good, when we need to go to the market we will go,” Sheikh Ahmad said. “It’s not desperate times, but if it’s the right time, why not?”

Emirates, which introduced an executive jet service last month with an Airbus A319, will decide after a year if it needs more aircraft for this segment of the business, he said, calling it an “experiment program.”

Sheikh Ahmad said the Boeing 777X was an “excellent aircraft, though given that it may only come as late as 2020, Emirates “always leave the door open for both options: Airbus and Boeing.’

 
A version of this article appeared in the print edition of The Daily Star on September 06, 2013, on page 5.
Home Middle East
 
     
 
United Arab Emirates
Advertisement
Comments  

Your feedback is important to us!

We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.

comments powered by Disqus
Advertisement


Baabda 2014
Advertisement
Follow us on Facebook Follow us on Twitter Follow us on Linked In Follow us on Google+ Subscribe to our Live Feed
Multimedia
Images  
Pictures of the day
A selection of images from around the world- Saturday April 19, 2014
View all view all
Advertisement
Rami G. Khouri
Rami G. Khouri
Why Israeli-Palestinian talks fail
Michael Young
Michael Young
Why confuse gibberish with knowledge?
David Ignatius
David Ignatius
Echoes of 1914 characterize the Ukraine crisis
View all view all
Advertisement
cartoon
 
Click to View Articles
 
 
News
Business
Opinion
Sports
Culture
Technology
Entertainment
Privacy Policy | Anti-Spamming Policy | Disclaimer | Copyright Notice
© 2014 The Daily Star - All Rights Reserved - Designed and Developed By IDS