Dubai Airport Boss Warns Tough Year Ahead After 2020 Passenger Numbers Slide 70%

FILE PHOTO: Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File photo
FILE PHOTO: Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File photo
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Dubai Airport Boss Warns Tough Year Ahead After 2020 Passenger Numbers Slide 70%

FILE PHOTO: Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File photo
FILE PHOTO: Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File photo

Dubai Airports' chief executive warned on Monday it would be another tough year for the Middle East's busiest airport, Dubai International, after passenger numbers slid 70% in 2020.

The airport, the hub for airline Emirates and a major source of income for Dubai, handled 25.9 million passengers last year, mostly in the first quarter before the COVID-19 pandemic struck.

"We are planning for it to be a tough year. That's undoubtedly the case ... anyone that doesn't think it's going to be a tough year has clearly not being observing what's been going on," CEO Paul Griffiths told Reuters.

The number of flights handled in 2020 fell 51.4% to 183,993 while the amount of cargo dropped 23.2% to 1.9 million tonnes.

Aviation executives and analysts expect it will take years for the industry to recover, with international travel restrictions continuing to hit global demand.

Griffiths, who has run state operator Dubai Airports since 2007, said he was optimistic travel demand would increase as vaccine rollout program gathered pace globally.

That could see Dubai airport handle more passengers this year than in 2020, though he cautioned it would be a "long time" before the airport returns to pre-pandemic figures.

"Intercontinental travel will continue to be a challenge."

Dubai was the world's fourth busiest airport in 2019, according to industry group Airports Council International.

Last year's 25.9 million passengers would have failed to qualify for the top 20 airports by passengers in 2019.

There has been no unified global approach to tackling the deadly pandemic that has killed over 2.5 million.

That, compounded with fears of contracting the virus, has crippled the travel industry as countries have closed borders and imposed tough entry restrictions.

Griffiths said countries should move to "secure risk management" strategy as opposed to "risk avoidance" where tough measures have been focused on eliminating the virus.



Gazprom, CNPC Discuss Future Russian Gas Supplies to China

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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Gazprom, CNPC Discuss Future Russian Gas Supplies to China

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties with the world's biggest energy consumer.

Russia, the holder of world's largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022, Reuters said.

At the same time, Russia's diversification of pipeline natural gas from the European Union has been slow.

It started gas exports to China via the Power of Siberia pipeline in the end of 2019 and plans to reach the pipeline's annual exporting capacity of 38 billion cubic meters this year.

Russia and China have also agreed on exports of 10 bcm of gas from Russia's Pacific island of Sakhalin starting from 2027.

However, years of talks about the Power of Siberia 2 pipeline, which would ship 50 bcm of gas per year to China via Mongolia, have yet to be concluded as the two sides disagree over issues such as the gas price.

Russian President Vladimir Putin is set to travel to China in early September to participate in celebrations marking the anniversary of the victory over Japan in World War II.

The trip follows Chinese President Xi Jinping's visit to Moscow in May.