An Emirates air stewardess pulls a luggage case as she walks across the tarmac near one of the airline's Airbus A380 aircraft at Terminal 3 of Heathrow Airport in London. Paul Thomas / Bloomberg
An Emirates air stewardess pulls a luggage case as she walks across the tarmac near one of the airline's Airbus A380 aircraft at Terminal 3 of Heathrow Airport in London. Paul Thomas / Bloomberg

Dubai Airport passenger growth proving a bane for London Heathrow



The rapid rise of passenger traffic through Dubai is becoming a campaign issue for London’s embattled Heathrow Airport as it seeks to build a third runway,

Heathrow Airport chiefs are hoping that the UK government will award it a third runway to give it a chance at regaining its top position after Dubai attracted more international traffic in the first two months of the year.

“Dubai’s announcement that it has overtaken Heathrow in the last two months shows that the UK will soon no longer have the world’s No 1 airport for international passenger traffic,” said Colin Matthews, Heathrow’s chief executive. “We want Britain to continue to compete globally against the best hub airports in the world, but without a third runway Heathrow’s comparative decline will make the whole of the UK less attractive to do business in.”

Eight million passengers passed through Heathrow in March, down 2.8 per cent from a year prior, the airport said. Passengers per aircraft decreased 3 per cent to 146.6, it said, though the reduction in traffic and load reflected the shift of Easter holidays back to April this year.

Rapidly expanding airport hubs in Dubai, Abu Dhabi and Doha are grabbing market share from longer-established rivals in Europe as more long-haul air traffic is routed through the Arabian Gulf. Dubai International Airport recorded an 11.7 per cent jump in passenger traffic in February to more than 5.6 million. That represented the seventh consecutive month of double-digit growth.

Congested airspace in the Gulf, however, may give Heathrow some breathing space if it wins the right to build a third runway. The UAE's aviation chief warned last week that Dubai International Airport would need to find a way to use both of its runways simultaneously if it is to avoid exceeding its capacity as traffic grows rapidly over the next few years.

mkassem@thenational.ae

Follow us on Twitter @Ind_Insights

ASIAN RUGBY CHAMPIONSHIP 2024

Results
Hong Kong 52-5 UAE
South Korea 55-5 Malaysia
Malaysia 6-70 Hong Kong
UAE 36-32 South Korea

Fixtures
Friday, June 21, 7.30pm kick-off: UAE v Malaysia
At The Sevens, Dubai (admission is free).
Saturday: Hong Kong v South Korea

Sly Cooper and the Thievius Raccoonus

Developer: Sucker Punch Productions
Publisher: Sony Computer Entertainment
Console: PlayStation 2 to 5
Rating: 5/5

The Written World: How Literature Shaped History
Martin Puchner
Granta

Civil War

Director: Alex Garland 

Starring: Kirsten Dunst, Cailee Spaeny, Wagner Moura, Nick Offerman

Rating: 4/5

'Brazen'

Director:+Monika Mitchell

Starring:+Alyssa Milano, Sam Page, Colleen Wheeler

Rating: 3/5

'O'

Author: Zeina Hashem Beck
Pages: 112
Publisher: Penguin Books
Available: Now

Porsche Macan T: The Specs

Engine: 2.0-litre 4-cyl turbo 

Power: 265hp from 5,000-6,500rpm 

Torque: 400Nm from 1,800-4,500rpm 

Transmission: 7-speed dual-clutch auto 

Speed: 0-100kph in 6.2sec 

Top speed: 232kph 

Fuel consumption: 10.7L/100km 

On sale: May or June 

Price: From Dh259,900  

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

Rebel Moon - Part One: A Child of Fire

Director: Zack Snyder
Stars: Sofia Boutella, Djimon Hounsou, Ed Skrein, Michiel Huisman, Charlie Hunnam
Rating: 2/5

Tomb Raider I–III Remastered

Developer: Aspyr
Publisher: Aspyr
Console: Nintendo Switch, PlayStation 4&5, PC and Xbox series X/S
Rating: 3/5

The specs: 2019 BMW i8 Roadster

Price, base: Dh708,750

Engine: 1.5L three-cylinder petrol, plus 11.6 kWh lithium-ion battery

Transmission: Six-speed automatic

Power: 374hp (total)

Torque: 570Nm (total)

Fuel economy, combined: 2.0L / 100km

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

THE BIO

Favourite author - Paulo Coelho 

Favourite holiday destination - Cuba 

New York Times or Jordan Times? NYT is a school and JT was my practice field

Role model - My Grandfather 

Dream interviewee - Che Guevara

Jebel Ali Dragons 26 Bahrain 23

Dragons
Tries: Hayes, Richards, Cooper
Cons: Love
Pens: Love 3

Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2