Airport International News - July 2008
Abu Dhabi Look For Overseas Airport Ownership
Posted by Mark Broadbent on 16/07/2008 - 17:13:04
Not content with announcing plans for a brand-new purpose-built business jet airport, Abu Dhabi Airports Company (Adac) has said it is looking to expand its airport ownership portfolio to include airports outside the United Arab Emirates.
Adac presently runs Abu Dhabi International Airport and Al Ain International Airport, both of which are the subject of large expansion plans.
However, the company is apparently looking to increase its sphere of influence beyond its home market.
Speaking at the Farnborough Airshow, Adac's chief executive Rudy Vercelli said the company "is working on several potential deals" with airports worldwide.
Without going into specifics, Vercelli said these deals include being an investment partner and responsible for airport development and management.
Abu Dhabi Terminal 3
Meanwhile, Adac brought journalists up to date with the latest developments at Abu Dhabi and Al Ain.
Adac confirmed that its Abu Dhabi's new Terminal 3 will open later this year, with a second runway opening there around the same time.
This is not the only expansion scheduled for Abu Dhabi.
Eager to keep pace with other airport projects in the Middle East, such as Dubai's forthcoming Al-Maktoum International, Abu Dhabi International is set to see another huge terminal - with a capacity of around 45 million passengers per year - being constructed.
Adac want this terminal ready by 2011 or 2012.
Al Ain International Airport
Adac is also looking at expanding Al Ain International Airport, one hour's drive from Abu Dhabi.
In particular, the company wants to develop Al Ain as a low cost operating base.
Vercelli said: "We have pitched Al Ain to low-cost airlines over the past several months," says Vercelli.
The company is clearly hoping to take advantage of rising passenger numbers in the region.
At Farnborough this week, airlines in the region such as FlyDubai and Etihad have announced major aircraft orders.
Source - Airport International's Middle East Correspondent
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