ABU DHABI: The UAE airports acquired as many as 31.8 million passengers within the first quarter of 2023, a rise of 11.5 million passengers from the identical interval in 2022, when about 20.4 million passengers had been recorded, based on the Quarterly Financial Overview issued by the Central Financial institution of the UAE (CBUAE) immediately.
Indicating that the civil aviation sector has managed to revive pre-pandemic passenger site visitors ranges, the apex financial institution talked about that the dimensions of cumulative investments within the UAE’s civil aviation sector exceeded AED1 trillion, whereas the dimensions of investments within the improvement and enlargement of airports hit AED 85 billion to accommodate over 300 million passengers yearly.
As of 2022, the aviation sector within the UAE contributes, immediately or not directly, to about 14% of GDP, in comparison with 2-3% in main rising markets and superior economies.
