The year under review saw a continued drive to ensure all commercial activity enhances the profitability and reputation of Dubai Airports, Dubai International and Dubai World Central, while building on growth-oriented relationships with airline and business partners
Throughout 2015, we remained focused on key business drivers impacting corporate profitability, while enabling business expansion and continuous improvement across both DXB and DWC.
Thanks to continued growth in overall aviation activity, aeronautical revenue categories registered robust growth of +12% in 2015 compared to the previous year.
15 Non-aeronautical revenue categories grew by +12% in 2015, and now comprises 52% of Dubai Airports’ revenue base. Concession revenue – comprising retail and food concessions, grew by +16%. This result is in line with our long-term corporate objective of reducing dependency on aeronautical revenue sources to finance future expansion, and ensure competitiveness.
Due to this increase in corporate revenue, combined with disciplined cost management, Dubai Airports was able to end 2015 in a profitable position.