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Dubai airport sees pre-pandemic monthly passenger volumes by end of 2023

DUBAI (Reuters) -The operator of Dubai International Airport said on Wednesday said the Middle East hub could see monthly passenger traffic return to pre-pandemic levels in the...

DUBAI (Reuters) -The operator of Dubai International Airport said on Wednesday said the Middle East hub could see monthly passenger traffic return to pre-pandemic levels in the latter half of next year.

Dubai Airports Chief Executive Paul Griffiths told Reuters 62.4 million passengers were now expected to travel through the airport this year, about 7% more than its most recent forecast after traffic more than doubled in the first half.

"We should be back at the normal sort of monthly throughputs of about 7 million passengers-plus by the end of next year. That's what we're predicting," he said in an online interview.

The airport is expecting an average of 5.6 million a month in the second half of this year.

The state-owned operator has previously said Dubai International could return to pre-pandemic annual passenger traffic levels in 2024. It handled 86.4 million passengers in 2019.

Dubai airport screened 27.9 million passengers in the first half of the year, compared to 10.6 million a year ago, while second quarter traffic nearly tripled to 14.9 million.

"As soon as people have been able to travel again, they've voted with their feet ... and the evidence is there," Griffiths said.

The recovery at the airport, hub for airline Emirates, continues to be led by passengers starting or ending their journey in Dubai, rather than catching connecting flights.

Griffiths said about 75% of pre-pandemic transit traffic had recovered and that point-to-point traffic was expected to remain strong.

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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