At Dubai Airports thinking long-term is an occupational necessity. Infrastructure development takes time.
It starts with identifying requirements over a 10-15-year horizon based on projected growth; aircraft orders and evolving passenger needs and extends to detailed design, planning and execution.
As a result, while we are mindful of short-term fluctuations to regional and global traffic volumes due to social-economic factors, we must also take a longer-term view of macro-economic factors and emerging trends that will shape our world 10 years or more from today.
And our world is changing. According to OECD and IATA statistics, in Asia alone there will be 1.93 billion additional passenger journeys by 2034 (vs. 2014). Accelerating urbanisation is supporting the importance of air travel, and in turn the concentration of population will amplify the relevance of intercontinental hubs.
Accordingly, airlines will continue to need to connect route networks to give people the ‘from anywhere to anywhere’ service they demand. As a result, the creation and expansion of the intercontinental hub will continue to play a vital role in the next two decades. More info
By Paul Griffiths gulfbusiness.com