Abu Dhabi Airports Company (ADAC) is slashing prices for landing and parking fees at Abu Dhabi's Al Bateen Executive Airport, effective immediately. Al Bateen is the region's only airport dedicated to business aviation and it is close to the city center of Abu Dhabi.

"These are very significant price reductions," said Stephen Jones, the airport's general manager. "The reason for this is that Al Bateen wants to be a serious player in the global business aviation market."

The reductions in landing fees average 36 percent, but are skewed toward lower weight aircraft, which represent the majority of the airport's traffic. For aircraft up to 5,000 kg, landing fees have been lowered to AED 26 ($7) from AED 185 ($50), an 86-percent reduction. Landing charges for aircraft weighing between 5,000 and 15,000 kg have been reduced 77 percent, to AED 62 ($17) from AED 275 ($75). At the heavy end, for aircraft in excess of 50,000 kg, the reduction is a modest 4 percent, from AED 920 ($251) to AED 879 ($240).

Parking fee reductions average 17 percent, but the price cuts are skewed toward heavier aircraft, which previously paid proportionately higher fees. Hourly parking fees remain unchanged for all aircraft below 25,000 kg, while those over 50,000 kilograms have had hourly fees more than halved, from AED 85 ($23) to AED 40 ($11). Additionally, all aircraft have four hours of free parking.