Saturday, 4 June 2011

gulfnews : UAE aviation sector keeps flying high

If there was ever any doubt about the significance of the aviation sector in the growth of the UAE, then look no further than a far-reaching report released on Thursday by Dubai Airports.

The aviation sector will account for 32 per cent of Dubai's gross domestic product (GDP) by the end of the decade.

The report was carried out independently by Oxford Economics, a global research firm. The company estimated that the sector would be worth $44.5 billion (Dh163.4 billion) to the emirate by 2020.

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