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FinancialNews


  • 09-05-21

    Mohammed bin Rashid Aerospace Hub in Dubai South marks 336 percent increase

    (MENAFN)Private jet traffic at one Dubai airport over increased in the first three months as the sector rebounds strongly among decreased commercial airline capacity.

    It stated that the Mohammed bin Rashid Aerospace Hub in Dubai South marked a 336 percent decline in private jet traffic in the first quarter of 2021, amounting at 4,904 charters.

    Tahnoon Saif, CEO of Mohammed Bin Rashid Aerospace Hub, "We look forward to sustaining the momentum of aircraft movements as Dubai gears up to welcoming the world to Expo 2020 in October."

    The private jet sector is recovering well as Gulf operators report increasing bookings and plane makers unveil new aircraft such as Dassault's USD75 million 10X that was called "the flying penthouse."

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