Passenger traffic across Abu Dhabi's five airports hit a record 29.4 million travellers in 2024, up 28 per cent year-on-year, driven by growth at Zayed International Airport that is home to Gulf major Etihad Airways.
Abu Dhabi's Zayed International Airport handled 28.8 million passengers last year, up from 22.4 in 2023, as the emirate's main hub added airlines and expanded its network, state-owned operator Abu Dhabi Airports said on Wednesday.
Zayed International Airport connected travellers to a network of more than 125 destinations with 29 routes launched last year.
The airport, which opened the new Terminal A in November 2023, added eight airlines last year, including British Airways, Air Astana, Aegean Airlines, US Bangla Airlines, Akasa Air, Hainan Airlines, Flynas and Turkmenistan Airlines.
“2024 was a highly successful year for Abu Dhabi Airports, marked by record-breaking passenger traffic, significant cargo growth, and the successful completion of key infrastructure projects,” Elena Sorlini, managing director and chief executive at Abu Dhabi Airports, said.
In terms of air cargo, Abu Dhabi Airports said it handled 678,990 tonnes in 2024, up 21 per cent from a year ago.
Overall aircraft movements at Abu Dhabi's five airports – Zayed International, Al Ain International, Al Bateen Executive, Delma Island and Sir Bani Yas Island airports – rose 10 per cent year-on-year to 249,747 in 2024. This reflected passenger demand from key markets such as the UK, India, Qatar, and Egypt, the data showed.
Zayed International Airport served as the “primary catalyst” of this growth, Abu Dhabi Airports said.
The hub is home to Etihad Airways, which is pressing ahead with plans to triple passenger numbers to 33 million and double its fleet to 150 planes by the end of the decade. Last year, the airline announced 10 direct routes from Abu Dhabi to destinations in Asia, Africa and the US, including Hong Kong and Atlanta.
Etihad carried 13.6 million passengers in the first nine months of 2024, a 35 per cent increase year-on-year, according to its latest report in November. Capacity, measured in available seat kilometres, increased 31 per cent year-on-year.
Passenger load factor – a measure of how many seats are filled on planes – inched up to 87 per cent in the nine-month period, from 86 per cent from the same time in 2023.
With a fleet of 95 aircraft, including five freighters, as of September 30, the airline flies to 83 destinations, up from 72 in September 2023.
Abu Dhabi is seeking to diversify its non-oil sectors – as part of wider plans to reduce the economy's reliance on hydrocarbons – with a focus on growing strategic industries including tourism, aviation and hospitality.
In April 2024, it announced plans to invest more than $10 billion in infrastructure as part of a new strategy to boost international visitor numbers and cultural activity.
Abu Dhabi's tourism sector is expected to contribute Dh55 billion ($14.97 billion) to the emirate's gross domestic product in 2024, up from Dh46 billion last year, with a “north star” target of more than Dh90 billion by 2030, Saood Al Hosani, undersecretary of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), told The National in December.
Globally, passenger demand for air travel rose 10.4 per cent year-on-year in 2024 and was up 3.8 per cent above the pre-pandemic levels of 2019, according to the International Air Transport Association (IATA).
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Citizenship-by-investment programmes
United Kingdom
The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).
All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.
The Caribbean
Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport.
Portugal
The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.
“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.
Greece
The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.
Spain
The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.
Cyprus
Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.
Malta
The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.
The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.
Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.
Egypt
A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.
Source: Citizenship Invest and Aqua Properties
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
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