SEO Title
Al Maktoum Sees 8% Bizjet Movement Increase in 2023
Subtitle
Investment in airport MRO is expected to reach $2.2 billion in the coming years
Subject Area
Teaser Text
Investment in Al Maktoum International Airport is expected to reach $2.2 billion in the coming years.
Content Body

Business jet movements at the Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South hit 16,650 last year, a jump of 8 percent over the 2022 figure of 15,440. “The impressive milestone reaffirms Al Maktoum International Airport’s position as the busiest airport for international business aviation movements in the Middle East,” MBRAH said.

Speaking to AIN at the recent Dubai Airshow, Tahnoon Saif, CEO of the Mohammed bin Rashid Aerospace Hub, said movements in the first half of last year totaled 7,300. This implies a significant jump in second-half movements. Saif attributed the rise to several factors, including the hosting of the Dubai Airshow, COP28 at Dubai Expo City, and the launch of a new ExecuJet FBO and hangar.

Official figures put the level of investment at MBRAH to date at almost $820 million, while the value of MRO business at the zone is expected to hit roughly $2.2 billion by around 2030. MBRAH said it offers global aerospace players high-level connectivity as a free-zone destination for leading airlines, private jet companies, and associated industries.

Last year, the site saw several agreements with new partners setting up MRO facilities, manufacturing aircraft parts and structures, painting, AOG and parts supply, sourcing engine assets, and refurbishing private jet interiors.

Expert Opinion
False
Ads Enabled
True
Used in Print
False
AIN Story ID
999
Writer(s) - Credited
Solutions in Business Aviation
0
Publication Date (intermediate)
AIN Publication Date
----------------------------