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FINANCIAL NEWS
Abu Dhabi airport sees 21.5% increase in passenger traffic in 8 months
30 Sep 2012
(MENAFN) Abu Dhabi International Airport has reported a 21.5 percent increase in passenger traffic to 9.68 million during the first eight months of 2012 compared to a year earlier, Reuters reported.
It also reported a 17.3 percent increase in cargo traffic volume to 364,905 tonnes during the same period from a year ago. Both increases surpass the airport’s rival Dubai International airport.
A report released by Dubai Airports, showed a 13.4 percent increase in its passenger traffic to 37.78 million during the January-August period, while freight volume expanded three percent to 1.48 million tonnes.
Over the last couple of years, the Abu Dhabi airport has started to emerge as a significant competitor to the larger airport in neighbouring Dubai, driven by the growth of Abu Dhabi’s tourism industry.
Abu Dhabi hotel guest arrivals increased by 15 percent in the first eight months of 2012 from a year ago, according to its tourism authority.
Both airports are investing heavily in anticipation of further growth. In June, Abu Dhabi signed a USD2.9 billion contract for construction of a new terminal, which is to open in 2017.
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