Dubai airport’s November passenger traffic falls

Dubai airport needs a record 8.9 million passengers in December to meet its previously stated full-year target of 90.3 million. (AFP)
Updated 06 January 2019
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Dubai airport’s November passenger traffic falls

  • The number of passengers using the airport fell 0.8 percent to 6.9 million in November
  • Dubai airport, the hub for airlines Emirates and flydubai, has seen the rate of passenger traffic growth slow this year after 15 years of strong increases

DUBAI: Dubai International Airport's monthly passenger numbers dropped in November, leaving the world's busiest airport for international travelers needing a record month to meet its full-year target.
The number of passengers using the airport fell 0.8 percent to 6.9 million in November, said operator Dubai Airports on Sunday.
For the first 11 months of the year, 81.4 million passengers have used the airport, up 1.3 percent.
That means the airport needs a record 8.9 million passengers in December to meet its previously stated full-year target of 90.3 million.
The highest number of passengers to travel through Dubai airport in a single month was 8.37 million in August 2018.
Dubai airport, the hub for airlines Emirates and flydubai, has seen the rate of passenger traffic growth slow this year after 15 years of strong increases.
Cargo handled in November increased 0.6 percent to 237,059 tons, said Dubai Airports.


India’s richest man to battle Amazon, Walmart in e-commerce

Updated 20 min 38 sec ago
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India’s richest man to battle Amazon, Walmart in e-commerce

  • The businessman plans to start his e-commerce business in Gujarat and then expand into the rest of India
  • He says his new e-commerce platform will help enrich small retailers and shopkeepers in Gujart

MUMBAi: Asia’s richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India’s burgeoning e-commerce market.
Ambani, the chairman of Reliance Industries, said the company’s telecoms and consumer businesses planned to roll out the venture in the western state of Gujarat before expanding across India.
“Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 12 lakh (1.2 million) small retailers and shopkeepers in Gujarat,” Ambani told a summit attended by Prime Minister Narendra Modi.
Ambani, 61, has been drip-feeding his e-commerce plans for India over the past few months in announcements that are no doubt being keenly watched by US giants Amazon and Walmart.
Reliance shook up India’s telecoms market in September 2016 when it launched its 4G Jio network with free voice calls for life and vastly cheaper data.
The launch sent the profits of other mobile players spiralling downwards and sparked consolidation across the industry as rivals scrambled to match Reliance’s deep pockets.
Amazon and leading Indian e-tailer Flipkart, which was bought by Walmart for $16 billion last year, have been expanding aggressively to gain a bigger slice of India’s growing online customers.
They have incurred huge losses along the way, however, and analysts say that Reliance’s entry into the e-commerce sphere will make their jobs even harder.
India’s e-commerce sales are expected to triple between now and 2022, when they are likely to pass the $100 billion mark, according to recent research by industry body NASSCOM and PricewaterhouseCoopers.
The rise is being fuelled by greater smartphone penetration, in part thanks to Jio, and a rising middle class with more disposable income.