The 'air' Silk Route
Sheikh Rashid moved fast to build an airport in the emirate to serve the future aspirations of Dubai, despite the financial difficulties of the 1960s. His vision has proved to be correct as the sector currently makes up 25 per cent of the emirate's gross income.
Khalid bin Kalban, Managing Director and Chief Executive Officer, Dubai Investments
Highlights
May 15, 1971... Opening of the new airport
Negotiations with international carriers
Every cloud has a silver lining
Insufficient seats on Indo-Pak route
Flight catering and passenger transport... two new services
New expansions in 1973
Arab-Israeli war... further developments
The era of plane hijacking
Sheikh Mohammed... supervision of airport development
New organisational structure... additional cargo warehousing in 1974
Concorde... arrival of the supersonic aircraft in Dubai
Mushrooming of mammoth projects
Dubai's first trade show
Crises mean opportunities
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