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Cash boost for Dubai World Central aviation plan
A Dh1 billion (US$272.3 million) investment has been secured for Dubai World Central, the “aerotropolis” taking shape on the edge of Dubai. Dubai World Central is an integral component of the strategic vision of Dubai Government to establish the emirate as an international aviation hub and a gateway to global markets
Dubai International soars to a record
Dubai International Airport handled an average of 135,700 passengers each day as the emirate’s aviation engine powered ahead in the first half of the year.
Emirates lands fleet financing
Emirates Airline has lined up financing for the delivery of billions of dollars’ worth of new aircraft and is set to tap the bond market for more cash in the near future. The cash injection comes as the airline prepares to accelerate its fleet expansion as it receives more Airbus A380 superjumbos and Boeing 777-300ERs, putting new demands on its financing abilities.
Icelandic ash cloud threat looms
Icelandic volcanic eruptions are again threatening to shut down European airspace. Although conditions began improving late yesterday, the situation mirrored the eruptions last year that caused US$1.7 billion (Dh6.24bn) in damage to the airline industry.
Emirates flight diverts following smoke alert
An Emirates airline flight bound for Dubai from Kuala Lumpur was diverted to Chennai in India following reports of smoke in the cockpit. Flight EK409 made an emergency landing at Chennai International Airport on Saturday.
Businessman cleared of forging exit and entry stamps
A 43-year-old businessman was acquitted of forging Dubai airport entry and exit stamps this morning at the Dubai Criminal Court of First Instance.
10-year sentence for heroin smuggling
A female visitor was sentenced to 10 years in prison followed by deportation for attempting to smuggle more than two kilograms of heroin into the country. The court also fined her Dh50,000 and ordered the confiscation of the banned substance.
Help for labourers fleeing Libya
Nearly 1,000 Indians, 400 Vietnamese and 200 Sri Lankans fleeing Libya have travelled through Dubai International Airport in the past week, with more expected in the coming days. Three chartered flights have already helped evacuate Indians from Libya and to Dubai. “More flights will be put in place if necessary,” said Sanjay Verma, the Indian consul in Dubai.
