Emirates has announced plans to invest up to $12 billion in its future facilities at the new Al Maktoum International Airport.
The airline’s chairman and CEO, Sheikh Ahmed bin Saeed Al Maktoum, confirmed the investment during a media briefing at the Dubai Airshow on Tuesday.
Sheikh Ahmed said the funding will support the development of Emirates’ dedicated infrastructure at the expanded airport.
He added that he sees no issues in financing the transition of all operations from Dubai International Airport to Al Maktoum International by 2032.
The first phase of project will handle up to 150 million passengers annually, with capacity ultimately rising to 260 million.
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