By Alexander Cornwell, Staff Reporter www.gulfnews.com
DUBAI: Emirates airline’s growth will slow until the end of the decade as the Dubai government invests billions of dollars in further developing the emirate as a global aviation hub.
“The expansion plan we have over the next seven years is going be a lot less [than recent years],” Anand Lakshminarayanan, Divisional Vice-President for Route Planning at Emirates airline, said on Monday.
Lakshminarayanan declined to state what growth the airline will be targeting.
Emirates fleet grew by almost 10 per cent with the addition of 24 aircraft and the number of passengers increased by 13.1 per cent with 44.5 million travelling with the airline for the financial year ending March 31.
Lakshminarayanan said Emirates’ growth will be partly constrained by capacity issues at Dubai International leading to 2020 when Dubai’s newest airport, Al Maktoum International at Dubai World Central, will have a capacity of 120 million passengers year at a cost of $32 billion. More info