Perspective: Al Bateen Airport sees a surge in passenger traffic
Source: Frost & Sullivan , Author: Posted by BI-ME staff
Posted: Wed July 13, 2011 3:36 pm

UAE. The increasing number of private jet operators and the rising high net worth individuals have demanded a dedicated hub for business jets in Abu Dhabi.

This dedicated hub has shifted the business travellers towards the private non-scheduled flights in order to save time during check-in and security process.

All the five airports of UAE market are high on revenues as they attract a large number of businessmen and high-end travellers from the neighbouring countries.

With the increase in private jets movements and increasing passenger numbers, Abu Dhabi airports may achieve huge profits in the long run and maintain a strong position in the global aviation market.

Note: Perspective by Aerospace and Defence Analyst, Frost & Sullivan.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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