Dubai is reaping the fruits of its aviation sector strategy

Emirates Airlines President, Sir Tim Clark, confirmed that Dubai is now reaping the fruits of its aviation sector strategy.

He said: “Our rapid rise was not a mere coincidence. What we achieved was the result of the insightful, forward-looking vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him,” noting that “Emirates Airlines” attracted the world’s attention. , and brought the world to Dubai through excellence in its performance. On the other hand, Dubai’s successful initiatives for economic diversification and growth have contributed to increasing the number of international visitors and increasing demand for Emirates Airlines services.

He added, “(The Emirates Group), under the leadership of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Airports, Supreme President and CEO of (Emirates Airline) and the Group, is one of the most successful entities in the aviation sector in the world,” pointing out that “Emirates Airlines » It is the largest and most profitable international air carrier in the world, while “dnata” is considered one of the largest providers of travel and aviation services.

He added: “With our operations spread across six continents, we constitute an influential force in the field of global air transport.”

Clark continued: “After 39 years of success and a huge number of international awards, we are proud that we have provided billions in revenue, in addition to the other billions that have been achieved as an economic impact for Dubai,” indicating that according to the latest study issued by Oxford Economics, the aviation sector has contributed $27. % of Dubai’s GDP in 2023, with the contribution reaching 137 billion dirhams of gross value added. Of this value, the primary contribution of the Emirates Group was 75 billion dirhams, which is equivalent to 15% of Dubai’s GDP.

Clark explained: “This value includes the direct impact of our commercial operations, the indirect impact resulting from a diverse group of suppliers and partners in the aviation system, and the impact resulting from the goods and services consumed by 81,000 employees and their family members in the UAE.”

He said: “The aviation sector constitutes a strategic engine and a pivotal pillar in the emirate’s ambitious plans to become a leading global destination for tourism, trade and investment. In 2023, Dubai received more than 17 million visitors, and Emirates Airlines transported 54% of the total international visitors who traveled to Dubai by air, which contributed to achieving an additional total added value estimated at 23 billion dirhams from the tourism impact contributed by the aviation sector. . He added: “The aviation sector is a system whose success requires appropriate policies and effective cooperation between the public and private sectors. The presence of a thriving aviation sector is a basic necessity for strong economies. Dubai realized this fact early, and was precise in setting its policies and investments, thanks to the wisdom of its leaders who looked to the broader horizon. Accordingly, Dubai is now reaping the fruits of its aviation sector strategy, which amounted to 137 billion dirhams in gross value added last year.