Sharjah International Airport had a very successful 2010 with figures showing that the airport recorded a double-digit growth in passenger traffic and also saw a significant jump in freight volume.
Oman's tender board issued two separate tenders to construct terminal buildings for Ras Al Hadd and Adam airports.
Abu Dhabi based investment company Waha Capital is taking a 20 per cent stake in Dutch-based aircraft leasing firm AerCap Holdings, in a deal worth around US$380mn.
Dubai Airport Freezone will see its leasable space expanded by up to 90 per cent starting in 2012 that could bring in as many as 1,000 new companies.
Middle East airlines profits are set to quadruple this year to US$400 million, according to a report from the International Air Transport Association (IATA).
Alain Charles Middle East FZ-LLC
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